According to yesterday's "Insider Trade Summaries - TSX Venture Exchange" report there was insider buying on v.CIO. Source: http://www.tmxmoney.com/HttpController?GetPage=InsiderTradeMarker&Market=V&Language=en

It feels like someone who needed funds used the recent news to liquidate some stock holding down the share price and not let it reflect the full impact of the South Darlot news. Now that it appears the seller is gone the share price should creep higher on lower volume. I'm am definitely holding !

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P.S. ...

v.BIT (Black Isle Resources) at a lowly 1.5 cent is about to wake up ...

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Gold property in Ontario adjacent and contigous to the Scramble mine. Very thin float- less than 21 million shares outstanding. A market-cap of only $ 300,000. Debt free. Insider buying on the open market, see: http://www.canadianinsider.com/node/7?menu_tickersearch=bit

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Hope to see you getting in on the bottom !