Lavras Gold Corp V.LGC

Big volume today 955K

[Zibo510]

Anonymous biggest Buyer & Seller 

House Positions for C:LGC from 20240320 to 20240320

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
1 Anonymous	748,275	929,349	1.242	406,158	495,768	1.221	342,117	-433,581
57 Interactive	37,500	47,924	1.278	0			37,500	-47,924
88 Credential	25,000	27,500	1.10	0			25,000	-27,500
2 RBC	32,046	37,480	1.17	17,400	20,149	1.158	14,646	-17,331
14 Virtu ITG	10,066	9,789	0.972	5,300	7,208	1.36	4,766	-2,581
124 Questrade	1,000	1,080	1.08	0			1,000	-1,080
39 Merrill Lynch	5	5	1.00	0			5	-5
53 Morgan Stanley	0			1,500	1,650	1.10	-1,500	1,650
33 Canaccord	1,725	2,301	1.334	4,225	4,299	1.018	-2,500	1,998
19 Desjardins	3,500	3,550	1.014	11,500	14,933	1.299	-8,000	11,383
85 Scotia	1,000	1,010	1.01	9,172	12,093	1.318	-8,172	11,083
13 Instinet	10,600	12,025	1.134	19,900	23,977	1.205	-9,300	11,952
80 National Bank	10,104	13,276	1.314	21,387	26,607	1.244	-11,283	13,331
79 CIBC	70,710	78,755	1.114	85,075	103,729	1.219	-14,365	24,974
22 Fidelity	0			18,500	24,975	1.35	-18,500	24,975
62 Haywood	0			18,518	24,828	1.341	-18,518	24,828
89 Raymond James	0			20,000	26,600	1.33	-20,000	26,600
9 BMO Nesbitt	1,000	1,020	1.02	55,150	71,054	1.288	-54,150	70,034
18 Echelon	0			100,000	132,626	1.326	-100,000	132,626
7 TD Sec	3,064	3,420	1.116	161,810	177,988	1.10	-158,746	174,568
TOTAL	955,595	1,168,484	1.223	955,595	1,168,484	1.223	0	0

 

 

[nozzpack]

Great Day. Massive insider buying indicates that we have lots of good news enroute..

[snowshoedb]

I don't know if it means good news is coming or not. I'm sure that nobody is trading on information that it's not public. Insiders/directors are unlikely to put themselves in a compromised position. When I see this kind of commitment to buying by insider/directors, I generally will chalk it up to one of two things: 1) the insider/directors are convinced that the project has merit

[snowshoedb]

My calculation should have been 5-12  bagger from here

[Zibo510]

LGC is very close to proving that the 500K Butia deposit is just part of a larger deposit and a viable open pit mine. If upcoming assays confirm this trend I would not be surprised to see Kinross take out LGC, I think that may have been their intention when they bought into the last PP depending on results of the current drill campaign. 

[snowshoedb]

I agree with you... but it's way too early for mirrors. When they hit 5 million ounces... The majors will sit up and take notice