GREY:PGDIF - Post by User
Comment by
ekimon Mar 08, 2017 12:34pm
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Post# 25951501
RE:RE:RE:RE:RE:RE:News Release - study
RE:RE:RE:RE:RE:RE:News Release - studyrobybob
Anyone with 10%+ holder of the stock would need to be disclosed of in the insider report.
So, if Rio Tinto or De Beers did a 19.9% private placement...it would need to be disclosed.
I think financial institutions need to disclose if they own more then 5% in any one stock...but am a bit unclear on that angle. I believe that is what it was with Dundee...once they dropped below 5% they dropped off the planet.
I believe in the US...if you drop below 5%...you need to declare it the minute you do. After that, it doesn't matter. In Canada...you just stop reporting and everyone keeps guessing for a while.
LONG...PGD
EKIM