Wouldn't Surprise me about a month ago I brought up PTQ, either here, on SANDSTORM's Board and messaged a few friends. I had never heard of them, just happened to spot them while reading
anyhow....days later a unofficial/hostile? Buyout was made for 40 something cents, it was 35-38 cents, and quickly ran up to over 60 cents.
I've been wondering why SilverCrest hasn't made a good sized run-up. Now, I just checked and in the past months over 8 Million shares have been Accumulated by Funds * Insti's, yet w/o moving the stock.
https://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=svl.v
| Monthly Rotation |
Number
of Shares |
Value of
Change (MM) |
% of Shrs.
Outstanding |
| Buyers 9/16/12 |
11,648,898 |
$24.86 |
16.9% |
| Sellers 9/16/12 |
6,789,700 |
$10.41 |
8.6% |
====================================================
I noticed Sprott owns a large/largest position in both. We all know the Targets range from $3.75, $5.00, $6.50....???...so, if a Bid comes in to Buyout SilverCrest for, lets say $3.60, probably a lot would sell if it went over $4.00...I'm using what's happened to PTQ as a model...something is up, got the same feeling of PTQ, plus the share price and past months action makes no sense..so it makes you wonder.
====================================================
Top Institutional Holders
|
|
Sprott Asset ...
|
9.0M
|
$19,953,959 |
+37% |
10.1% |
Low
|
|
Wellington ...
|
6.0M
|
$11,495,447 |
+24% |
6.7% |
Low
|
|
AGF Investments Inc.
|
2.7M
|
$4,680,761 |
+11% |
3.1% |
Moderate
|
|
Magnusson (Barney)
|
1.7M
|
$3,118,654 |
+7% |
1.9% |
Low
|
|
Drever (J Scott)
|
1.5M
|
$2,788,529 |
+6% |
1.7% |
Low
|
|
JPMorgan Asset ...
|
985.0K
|
$2,072,547 |
+4% |
1.1% |
==================================================
Top Mutual Fund Holders
|
|
Sprott Canadian ...
|
3.3M
|
$5,689,877 |
+14% |
3.7% |
GARP
|
|
AGF Canadian ...
|
1.1M
|
$2,832,930 |
+5% |
1.3% |
Core Growth
|
|
JPM Natural ...
|
920.0K
|
$2,106,586 |
+4% |
1.0% |
Sector Specific
|
|
Sprott Small Cap ...
|
900.0K
|
$1,540,580 |
+4% |
1.0% |
Core Growth
|
|
AGF Precious ...
|
789.8K
|
$1,970,938 |
+3% |
0.9% |
Sector Specific
|
|
GR Dynamik OP
|
600.0K
|
$1,373,860 |
+2% |
0.7% |
Growth
|
|
IG AGF Canadian ...
|
353.9K
|
$810,319 |
+1% |
0.4% |
GARP
|
|
Investors ...
|
255.0K
|
$468,977 |
+1% |
0.3% |
Sector Specific
|
|
London Life ...
|
201.6K
|
$379,656 |
+1% |
0.2% |
GARP
|
|
NexGen Global ...
|
175.0K
|
$368,219 |
+1% |
0.2% |
=================================================