GREY:PEYTF - Post by User
Comment by
jdn55on Jul 10, 2012 10:00am
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Post# 20097644
RE: RE: RE: Does anyone know what a restricted
RE: RE: RE: Does anyone know what a restricted Thank you for your enquiry however European or Asian based suppliers will better be able to meet your requirements.
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Many funds have had a ton of redemptions in these unsettled markets. I suspect some institution that participated in the recent PLT.UN financing at $7.05 had to raise money due to redemptions and the PLT.UN insider took the 50,000 shares off their hands to avoid getting the share price wacked even more than it has been if the institution had to have sold on the open market. This is my guess only but I can tell you many juniors SP's have been absolutely slaughtered due to fund redemptions, especially in the junior mining sector.