I think Goldstein of Crooked lane owns rather more than 5% of the stock, as the disclosure info shows on their website.
One reason they might be desperate is bcause the share price has collapsed.
Also does it not strike you as odd that a company on its arse would not trumpet the fact that they are actually doing something on the ground , after all the insubstantial puffs they have been putting out? Why the sudden reservation from a bunch who seem to know nothing about mining,and have been trying to pump their stock since the companies appearance?
I know they lied through their teeth about what they purported to have done in Peru on the Culebrillas project,("people on the ground, etc") so I find it hard to give them credibilty for anything. I still find it incredible that any ligitimate financial institution would have lent them a cent.
I wish I could post this on the Raging Bull website , but I could not register when I tried.