Alpha Minerals Inc ESOFD

credit suisse

[Buckshot26]

all in my opinion please do your own dd.

credit suisse was buying for the van eck uranium and nuclear etf, symbol nlr.  they started to take a position in both dml and amw on thursday and when they up date the holdongs as of friday march 15th this monday morning you will see the jump in position size.  i believe some money was taken out of cameco and some of their other big holdings with a goal of bringing both dml and amw up to the 4-5% range in the fund.

you can track the holding here:

https://www.vaneck.com/market-vectors/equity-etfs/nlr/holdings/

so the trade on friday was to sell into the strength.  that said, if you go through the other names held in this fund, the fact that alpha makes the cut says volumes about its potential, which is why i continue to add shares to my position.

glta,

buck

[Tinmann]

That's a great post. Thank you for sharing your insight.    

[losecash]

Nice.........Starting get the attention of funds is a good thing. lots of upside left in this story.

[NUCLEAR]

Hard to believe FIS is not one of the 22 holdings in their Uranium ETF

[Raptor7]

More than just opinion, Buckshot.  Well done!  When you click on "Download all Holdings" you can get their holdings as of March 15.  They apparently bought 400,000 shares of DML and 130,000 AMW shares while selling some USEC.  This may account for some of the madness but like I said before, it is totally irresponsible if they waited till the last 20 minutes of the day

[deelong]

Also, notice that fund still has a sizeable position in UUU. I wonder if we can expect more buying from this fund once that deal is finalized and they need to allocate all that cash.

[bridgetonowhere]

@Buckshot26 - Nice research....however.....any theory about why  the purchases they made are more relevant than the trades made by anybody else?  Data shows that other firms added to their positions as well.  Further, I'm not an expert on Van Eck's internal operations but would they use Credit Suisse as an intermediary to facilitate their trading?  I would have guessed

[wintersun10]

great find about Van Eck, however i don't believe it explains Credit Suisse's actions

[letsgetready]

didn't Credit Suisse buy far more than 130K sahres that Van Eck acquired? over 700k i believe

[$tarbuxxonPender]

Notice AMW is the only jr explorer they own. Not suprising they own no jrs but who else owns AMW. Been a long time since I was waiting for the market to open on a monday