Looks like small investors selling out to take a tax loss. I...

Looks like small investors selling out to take a tax loss. I dont see any crossed trades. Likely they can get back in at a low price if they want to.

I dont like the prospect of a opportunist TO at this price. The mill at Mineral Hill has a replacement cost of $100M and market CAP is now $6.2M.

Monthly EBITDA is $1M+. Mine life is many years. Go figure...

The board make the point that Mr. Starr has got KBL up and running. However the dilution and SP drop have disadvantaged longterm holders and to date small shareholders seem to have been shafted.