Let's open a serious discussion, if possible, and maybe without pump or disparage influencing the dialog (try at least).
The topic is FLOAT.
There appear to be a very large number of shares issued here, from what I've read on this board at least. If that is the case, and I'm not doubting it, then how can one explain the very low trading volume?
I'll point out that since mid-March there have only been two trading days above 10 million shares and only a handful more that were even remotely approaching that amount. That amount of trading is ordinarily indicative that the FLOAT is relatively small IMO.
So, either it is really a low FLOAT, with most shares now being held by insiders, or everyone is so upside-down in their purchase pps that they are being too stubborn to sell, or everyone is still hopeful that this is a good energy play, or WHAT? The pps has been dwindling since March, but obviously not at a rapid rate of sell-off and WHY? - since there has been no news about anything meaningful and there has definitely been a failure to get that name changed... so, what is the answer to all this?
GLTA - kind of a boring situation anyway you cut it - hopefully there is gold in patience