RE: Interesting Numbers " The biggest net buyers were Canaccord, Haywood, PI, BMO Nesbitt, MacQuarrie and National Bank. The biggest net sellers were, Anonymous, Dundee, GMP, Paradigm, UBS and CIBC."
The buyers were real. But the sellers were of three kinds. Anonymous usually is a market maker selling to real buyers . GMP was a major cross from one account to the other in the same house. This is tricky deal with a purpose. UBS, CIBC and paradigm were real sellers. If you look at the history of Dundee from the beginning of 2010, it has been a consistent seller. Millions of shares sold by Dundee is a suspect. Do your DD and find out. In this world of stockmarket undeclared shorts take a toll on the SP. The market maker is fully aware of this. This whole moving and shaking since july 2011 could lead to much higher SP. Of course some million options might have also been exercised during this time. there are about half a million options expiring on Feb 5 2012.
I also notice that Oppenheimer Gold sold off 2.2 million approx holdings during second half of 2011.
The management is wise and knows what it is doing. It is also aware that five million ounces are there or close to being there. The SP is bound to take off after Feb or sooner, Please do your DD and let me know.