Thanks Lefevre. I don't agree with KDR that the SP pressure is due to the options. There is a dearth of buyers for both heads and options, and has been for a while. The market has moved on, and KDR is sitting in a dark corner surrounded by flies. This stock has been very easy to manipulate because of the low volume traded (see the 200k blocking sell at 0.21). There has never been much resistance to push significantly higher - but there are no buyers, because there is no news. I would think shareholders can take heart that there is still news to come, and even option holders or buyers can still do well, but in a week and a half that will be six weeks between drill results (and only days before option expiry). The only way KDR could seriously arrest the SP decline and raise interest is with prompt results.
Good luck to all holders for the future.
Lairy.
KDR Price at posting:
20.5¢ Sentiment: None Disclosure: Held
