This is a very thin float and the company has no need to sell shares here.
Reason is they have four times more assets then liabilities as the deal with Rio cleaned them up to make profit off RIO doing the mining now.
here are the numbers below from the filings.
Total Current Assets
1,257,271 971,689
Total Liabilities
131,064 649,431
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY
$ 1,257,271
93,012,500 shares issued and outstanding as of June 30, 2011 and December 31, 2010
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