RE:Triple Flag bailing out of STGO. Why?Ogopogo you are a buffoon who once again shows people on this board your stupidity, ignorance and lack of market knowledge.
Do you know why Triple Flag sold? Of course you don't... but as always you take a negative tone with everything you say. That negative tone is probably a deep-seated pain from lack of love from your mother and probably a lack of self-confidence because of what you do for a living.
Triple Flag sold because they were asked to sell. A third party has now accumulated nearly 5% of the Steppe with the 1.5 million share cross yesterday. I have it on very good authority that this third party asked management to cross them in to increase their position,management then went to large friendly in Triple Flag who worked with management to get a trade done. Important to note that Triple Flag and associated parties still hold plenty of stock, in addition they also hold 6 million warrants at $2.
Triple Flag is not in the business of owning equity in companies, they are a streamer and royalty company. They purchased stock in the company to help finance a project they believed in during a difficult market in 2017 prior to Steppe being listed.
Now, Mr. Ogopogo... it is in the public domain who the new shareholder is. The question is do you know how to figure out who it is? They do not have to file on Sedar as they do not hold enough of a position yet. The real question is... can you figure out who it is? You claim to be a market expert and big player( both BS) so show us your real knowledge. Tell us who the new large shareholder is. The simple fact is: if you are real knowledgeable player you would know how to figure out who the new shareholder is.
Quick fact: I know who it is... and they're huge. They're AUM is in the trillions... yes that's trillions with a T.
Ogopogo, you are a loser and I feel sorry and sad for you.