No poem here!!! Some here would prefer amusing stories and clever poems. I'D rather stick to facts. I have posted twice on the important topic of "Top Holder's of SGF".
In Feb 2012, institutional shareholders held 6.9% of SGF shares.
A mid April 2012 update indicated that institutional shareholders lessened their collective ownership of SGF to 5.05% of SGF shares.
A quick check of the website today shows that institutional shareholders have further sold down their collective ownership of this sparkling pos to 4.97%. Check it out for yourself:
https://markets.ft.com/research/Markets/Tearsheets/Business-profile?s=SGF:TOR
After today's distribution the percentage will likely be in the mid to low 4's.
Clearly the selling trend continues and some of the desperate longs are starting to place some if not all their hope in our non-partner Newmont. Sad but I guess these folks have to find hope in the last shadowy areas available! If it helps you cope then keep on dreaming. Heck, throw a helicopter party and dividend cheque into those dreams--for extra warm fuzziness. LOL!!!
SGF sp will set a new 52 week low, as institutions excellerate their distribution of SGF shares. They typically do this when their position is nearly gone (under 350000). It's possible this is what happened today.
Oh, I nearly forgot: Check your email. Maybe, just maybe, you'll find a little hope in there to.
GLTA
Pickinbottles