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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

Comment by Rambo007on Jan 11, 2011 1:16pm
69 Views
Post# 17954599

If MF is under 10% they don't have to report selli

If MF is under 10% they don't have to report selliLooks like Mineral Fields/ Pathway unloaded about 1 million shares today through anonymous which held the price down a bit which should bring them down to about 2.5 million shares left... They are under 10% so they dont have to report anymore as they are not an insider..

I am glad that they are getting cleaned out before MDL hits the dollar range.. Any big anonymous sell orders are usually them as they had the largest position in the company which is soon changing.

An OTC listing will be very significant for MDL and if they land an advanced property as it seems they are onto, this could turn into a totally different ball game and head into the quest league as Bird says the property they are looking at is within 5 year production time.

RES also helped in the REE space today as well.

Hanging on tight and I own many shares of MDL.

Nice to see Dundee & Merrill Lynch accumulating nice positions today to add onto their total positions in the company.

Good luck
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