The Shorts gambling on the Court Case
I believe the short position is 10million and could be as much as 12million With the GP not performing and gold shares generally back under a bit of pressure PVG shares need a quick resolution to the Class Action suit which I firmly believe will go well in their favour as there really is NO case to defend.The major Shorts Sellers are CIBC,Morgan Stanley,Anonymous which have shown up firmly on the trading screen. Watch the press for a counter suit against strathcona this should follow a successful defence or even outright dismissal of the action. In the meanwhile the patience of Job are required with this one at the moment. I seek safe harbour