GREY:DULMF - Post by User
Post by
discovernothingon Jan 24, 2012 7:24pm
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Post# 19444285
Copper Bonanza
Copper Bonanza The 3,000,000 plus share trade this morning was through Scotia Capital who was both the buyer and seller so it was probably a cross done for an institution. A consistent seller of the DM stock is RBC who seems to keep liquidating regardless of the price. It seems to me that one of their clients must be off-side of his margin account and that these are forced sales of his holdings. On the other hand, Stifel Nicolaus, who I understand had a target price of $ 9.50 in early 2010, is a continual buyer every day. I think they know something and that we will be pleasantly surprised in early February when the updated Resourse Estimate is released.