GREY:KXLAF - Post by User
Comment by
red911on Mar 23, 2011 7:50am
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Post# 18326381
RE: RE: RE: I'm out @.41
RE: RE: RE: I'm out @.41"Just wondeing who you think is behind the GMP buying?"
https://www.prodigygold.com/corporate/directors/
For those new here... PDG has 2 'Richardson's' on their Board of Directors. The same 'Richardson's' of
https://www.richardsongmp.com/. Here is a small summary of the family... Google them if you want more:
https://itvwinnipeg.com/marketplace/component/content/article/112-richardson-gmp.html
Not saying it is either RIchardson in particular that is doing this round of GMP buying, but it could be or it could easily be one of their many institutional clients, funds, etc. Point is when GMP buys they always tend to buy big and these shares are likely being held for the long-term.
FYI... It was always communicated to KXL shareholders that 'money would not be a problem' once the company required it. Heck they managed to pull off a $50M PP way back based solely on the Golden Mile. They haven't given up on the company and I can only imagine the money that would be available for Magino.
JMHO.
red911