HNR general discussion, page-1621

"The CR is now a complete no brainer with current shareholders only guaranteed $2000 worth in the CR which will be completely oversubscribed. The only place to obtain shares is on market hence the upward momentum."

Yeah, it only touched 2.8 cents late trade one day & was back at 3 cents moments later. So it's spent the whole time trading at 3 cents or higher. The CR would have to be heavily oversubscribed, I imagine.

544 million shares changed hands from 5.7 cents down to 2.8 cents. New investors bought in on the flip side, but perhaps many sellers are now sitting on the sidelines watching the SP slowly climb.

Over 214 million shares took us from 3 cents to 4.1 cents. 40% of the sell volume has gone straight back in.




It will be interesting to see how all this plays out, especially if @bahar premonition comes true.