I'm not sure why you and so many folks here think that 'if' he is diluting, he's going about it 'stupidly.' IMO, he is doing a great job of it. He is building expectations without producing results. The volume has been fantastic on this stock and has allowed UBSS to cycle alot of shares. In most cases, the expectations of PR's causes more interest than the actual PR's themselves. Since I started talking to Larry in May, he told me that the China deal was pretty much wrapped up and that they were awaiting signatures and would announce the deal in a few weeks(that was 2 months ago). He also said they anticipated having a barge with a drilling unit in place at Red Lake by the end of June. From what I hear now, they haven't made any moves on Red Lake. And BTW, they have been delaying Red Lake since last year. As you see, these dates keep slipping and the anticipation stays strong.
And if you factor in the 'anticipation' with these newly issued 125 million shares, you have yourself a nice setup to dump shares. To differ with you, it seems clear to me that UBSS is dumping shares and that Larry is orchestrating the whole thing. And if you look back at your own conversations and other folks conversations with Larry, he never seems to push the whole shorting thing...he tends to blame daytraders for the falling price.
Last thing on this note, I've spoken with him on 5 occasions. On each occasion, he was always at his desk and was quick to answer the phone. And on each occasion, he was actively watching L2 and reading Ihub and RB. As a matter of fact, he once even called me back on the phone to ask me if I had seen a large trade go through at the ask? That was the beginning of the alarm bells for me.
