I get the feeling this latest turn of events could very well be attributed to MM's getting wind of a financing to cover the company's expenses this year for drilling, exploration and assaying costs as well as consultant and administration costs. etc.
Some entity or entities would appear to be running some type of box on the stock. These players were hitting the stock hard driving down the price to give themselves more leverage in any financing being contemplated.
With what this company already has at Freegold Mountain and looking forward to what we could very well be looking at in the near future, retailers should give very serious consideration as to their entry point at this particular point in time.
So, I'm thinking a financing of around .075 - .08 (plus warrants, of course)
Jus' MHO, as usual.