RE: Insti Ownership It seems to this writer that Dundee may be buying for the long range viewpoint. However ther may be other reasons of which I could not begin to understand.
More important to me would be to have some understanding of what the BOD ( board of Dirctors) is trying to achieve.What is the CEO trying to acomplish.For example do these folks he BOD and the CEO want more shares at a lower price by doing this they would be trying to get control or more comtol of a rich rsource.
In other words, own more FCO than they have at the present time.
Of course timing of a strategy of the above wold be very difficult.One item I would like to see is when they issue a news release they would separate the actual mining of the mountain top with the fabrication property.
To my way of thinking the fact that they mix the two together is not correct . For example the milling complex near Kellog will or is open for business for refining and finishing for outside customers.
The mining complex near Salmon will not be in production for sometime. By treating these two separate projects as one may be correct in their view,it makes it difficult for me as a speculator as I regard the minecomplex for speculating purposes as the most valuable.Until I can see some clarity between the two, I have sold off the majority of my holdings and will "sit on my hands" with a very small stake for the present time. Indeed because there are so many low priced juniors available why would I want to buy more of a project that the BOD and the CEO release positive NR items and the market in the stock goes up a few pennes and then losesit back? Lots of questions and few answers for me.
Best regards,
onehaf norse