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Channel Resources Ltd V.CHU



TSXV:CHU - Post by User

Post by binzer55on Jul 28, 2011 7:30am
372 Views
Post# 18881794

Nat Bank buying is a big deal

Nat Bank buying is a big dealNat Bank has been on a buying frenzy, buying carefully, but buying just about anything that is offered in this price range. They are by far the largest buyer of shares in the last while.
Why is that a big deal? Because Nat Bank just bought Wellington West, and Wellington West was the underwriter for CHU's last financing. Is there anyone who doesn't suspect that they know what is going on behind the scenes? Yes, that should be illegal for them to buy with insider knowledge, but why not take advantage of that obvious link and buy ourselves? I loaded up to the gills when I saw Nat Bank buying.
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