RE: RE: RE: AUG-09-2012: SPROTT SELLS 7.434M CGX S For the sake of all shareholders...I hope you're right Giz...but I'm not yet convinced....I'm inclined to believe the numbers that are available which state PRE owns 230+million shares. If the outstanding shares are in fact 411million, that would be correct that they own a 55.9% stake. Hook line and Sinka! It's quite brilliant what PRE did actually if this turns out to be true....they had a deal to increase their stake to 35%....which was subject to shareholder approval. Jaguar blows chunks (PRE knew this), stock tanks.....Meanwhile, PRE accumulates more shares then shareholders inadvertently approve a PRE takeover without even knowing it. This is awesome. CGX got played like grandma's old piano....The buyout is no longer required... PRE controls the company and don't give a hoot about CGX shareholders...heck they are suspect numero uno with GMP on the 2min x 100 long dump....prob cost me 100k in profits for that nonsense....
I am not stating this as fact, just my opinion! Someone please prove me wrong...............