Nextsource Materials Inc (NSRCF)

[stooge4]

Apparently there are sellers through Canaccord; about 1.8 million shares being sold through them. That would explain the huge volume yesterday and some of it today. I don't know when they started selling, but I would imagine that they have on the order of 600k+ more to go if what I've been informed is true. So I expect further downward pressure this week.

It's nicer when there is a big seller in the 40's rather than the 20's like we experienced earlier this year. All the selling pressure takes less time. We should be through this soon enough.