Now this is interesting...So, 17% of outstanding CGC shares have voiced their support of this merger. Guess who owns 12% of those shares? Sprott. The same guys who financed TMM. Here are the other major shareholders and the corresponding percentage of outstanding shares they hold as of June 2010. Take a guess at who else is in favour of this merger....
Maybe Bruce's idea to go public has some traction...
Top Ten Institutional Holders (excluding Mutual Funds)
Sprott Asset Management Inc - 12.31%
VAN ECK ASSOCIATES CORPORATION - 4.10 %
WEXFORD CAPITAL LLC - 2.44%
APIS CAPITAL ADVISORS, LLC - 2.2 %
BlackRock Institutional Trust Company 2.02%
BlackRock Fund Advisors - 1.72%
STATE STREET CORPORATION - 1.17%
Royal Bank of Canada - .89%
TOCQUEVILLE ASSET MANAGEMENT, L.P. - .74%
Manatuck Hill Partners- .49%