RE:Wow! CPP dumps 10,000,000 shares...Malton,
Importantly the 10M shares traded without a blip in the shareprice. That's tells me that there is substantial demand for this stock and that other invetsors want in. You should take a look at this Company's shareholder registary - Sun Valley, Franklin Templeton, Fidelity, RBIM, these are large shophisticated investment funds that are not normally seen on a junior registry. IMHO that speaks volumes for the credibilty of the new management team and how the Project has been steadily de-risked. Let's see what comes out in the Maiden Feasibility Study with maiden reserves.
We need to remember CPPIB was a legacy group from the old Rubicon who got caught up in the CCAA restructuring. I beleive they formerly were the Senior Secured Lender to the Company before Sprott Lending bought out the loan from CPPIB in 2018.
My guess was they had been sitting on the debt / equity since 2015 & 2016 and were extremely happy to have been made whole.
The Manic MIner "Digging Deeper"