GREY:XMTTF - Post by User
Post by
juststocks500on Jun 09, 2014 4:04pm
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Post# 22643367
If you truly must sell, note this
If you truly must sell, note thisThere is at least one believer left: Marquest
https://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=xme-V&country=CA
The Mutual fund holding is now at 3.4 Million shares
It was only 1.3M shares on 29 May. I took screen captures to start tracking changes. So they accumulated after the missed drill results.
Everything else looks unchanged except for the main Marquest account now listed as "moderate turnover rating".
So, if you're looking to backflip from .035, you might never get the chance to buy back lower with Marquest picking them up for cheap and playing with millions of shares to achieve their goal.
On the other hand, if they take it down lower, I might actually consider averaging down. Surely, they're not accumulating for nothing.
If, big IF, the MEK target actually reveals something economical, one would wonder whether missing on Blackflake East was a better initial move. With a combined 13.2M shares all accounts combined for Marquest, they are in full control of the SP.