of course institutional buying or selling is over a range....

of course institutional buying or selling is over a range. However, what an instant or sophisticated buyer does not want is to create the environment for sp to rise or fall ( in the case of jno rise) sharply. So accumulation over a range 1 to 2 million worth of stock requires patience. That volume could trigger a buying frenzy in jno and with it's illiquidity, move this up 30 to 40 percent in the blink of an eye. Hence the available stock will be absorbed as news gets closer. As this stock dries up the range moves higher. The chart is looking fantastic. Consolidation off its lows and steady volume last 3 days. I still cannot believe this is priced at sub 30 mil.mc. considering other iron ore stories are valued at multiples of 2 and 3 and they have no production for 3 to 4 years.