Top Holders Below is a link to a page that has some generic shore gold information. Scroll down to the heading: Institutional shareholders. Take a look at the Top Ten Holders. NOTE that these top ten hold LESS than 7%!!!! This is very dismal. We all need to ask Ken WHY?
Next, click on the tab labeled "Movers". The buyers are reported from June 2011 through Dec 2011 (6 months)...and it too is feeble!!! The selling on the other hand is reported from 31 Dec 2011 through 31 Jan 2012 (1 month!). In that one month a massive amount of selling occurred (for a company supposedly on the verge of construction lol).
Is SGF being super silent and dragging things out in an effort to let some of the big holders an opportunity to decrease holdings? I'm not saying this is what is happening but I am saying something seems stinky AND I'm doubtful at this point that the SGF BOD will respond to the letter and/or requests that were submitted by the shareholders group. If not? Then what's next? The shareholder group's options are quite limited, unless, several if not all of the large holders could be convinced to join our "petition".
https://markets.ft.com/research/Markets/Tearsheets/Business-profile?s=SGF:TOR
GLTA
As duffer would say. What do you see?
Pickinbottles