it appears to me that the trading at the moment is to suppress the price - prior to the report on RFE's drilling results (expected soon) and also enable larger investors some scope to analyze.
This is definitely on the watch list of major funds/investors - now with a market cap in excess of 100mil. Once this reaches 200mil we have a BIG game on our hands and should see major major interest.
This is not a sell down by anyone.
But an attempt to keep price stable for now and possibly draw out weak holders. However, volume small and i await next movement up as see this as being significant.
RFE Price at posting:
$1.14 Sentiment: LT Buy Disclosure: Held