GREY:INNHF - Post by User
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production05on Apr 30, 2015 1:46pm
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Post# 23681470
Today`s big cross
Today`s big crossThe agreed sale price was $.045. As such, they had to bring the price down from $.065 to $.045 in order to execute the cross.
The big cross was for 3,477,000 shares. It was a Haywood to Haywood cross.
It was similar to the big October 2014 cross. Everything points to the October cross being between Pinetree and Condire (with Condire being the buyer of course).
It could be the same 2 players this time around also, but it`s not clear. It`s hard to believe that Pinetree would still have this many shares left after all the sales they have made over the past year (even though they had a pile to begin with).
It`s not clear if we have a new seller. If it`s not Pinetree still selling, the only remaining players with this size of Northair holdings are: Sprott, Condire and Coeur.
No way Sprott is selling. I don`t see condire selling. I don`t see Coeur selling at the bottom, but who knows.
If the cross represents the end of the selling then maybe we can get back to $.065 (and above) soon.