They sold rincon, they are not mining, they are not drilling, they are not attending to their court cases, they are not updating their website and management aint got a clue why the sp has gone up 500% in 3 days?
The market moves in mysterious ways?
The only thing I can come up with is Pyke Hill. Cougar are committed to selling it when the price of Nickel recovers. Nickel just went up 40% on the LME. I'm not sure what ADY would get out of a sale but it could be substantial.
100 mill in 45 min, page-5
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