Targeted holders databaseOn several occasions, posters have provided info regarding the targeted holders database....who has bought and sold large positions, and changes in insider positions. I wondered about he accuracy and timing of these posts (mine included). I contacted Stock watch, where I get my info from, and this was their replyquote hi Mark,All the information we have is linked directly from the Targeted Institutional Holders Database. Targeted has been collecting holdings data for many years. They monitor Edgar and SEDAR filings, Early Warning Reports, Insider Reports, Proxy Circulars, Companies’ financial statements and many websites with holdings data.The frequency of updates is dependent on the reporting requirements of the jurisdiction in which the holder is based and the type of holding. Canadian mutual funds are required to report semi-annually although some report quarterly and a few list their holdings on a more frequent basis on their websites. Significant holders (10% in Canada, 5% in the US) must file within a few days of purchase or sale.UnquoteThere can be tremendous amounts of mutual fund activities within the reporting date requirements. Some of the market action we have seen in the unloading of positions, no doubt comes from them. It should be noted that managers probably don't want to show a bunch of losers when they report, so they unload as they get close to reporting time, or when they see a chance to get out with their heads. So...they maybe in and out within the reporting guideline, and not have to report. It should also be noted that while we are juiced on the prospects of the stock, a mutual fund manager has a different set of things that get them excited, and probably are less married to the story than we the commoners are. With regards to Dundee, they are either unloading for a large institution, or on their own account. My point in bringing up the numbers in the database are to show that what we perceive to be activities of a shorter may not be shorter at all, but just another disappointed ATAC shareholder who bought on a huge scale compared to the rest of us.I will also tie this back to the infrastructure cost of making this play a go. Unless there is some sort of government involvement in opening this area up, ATAC will have to define numerous Tigers and ocelots, much bigger than we have seen so far in order to make this thing go.This from Vanessa Pickering from Nov 3 2011“At the west side of the property we’re about 48 or 50 clicks from the government-maintained highway that goes through the Keno Hill Mining District. Infrastructure is a big consideration in what we do. The new discovery, the Carlin-type trend, is about 100 kilometres away from the other area. So that 48-kilometre proposed access route would grow exponentially. For that reason, we’re not chasing a small deposit. It would have to be five-million-plus ounces out on the east end of the property to justify building roads. Right now, we are fixed-wing; we have three airstrips on the property, one at the Rau Trend, one sort of in the middle and one at the Nadaleen Trend. Two of those airstrips were commissioned just this year. So that’s going to take the weight off of being entirely helicopter-supported. This has to have enough ounces to justify building infrastructure out there.“ATAC is purely an exploration company,” she points out. “That’s what we’re good at—making discoveries, making grassroots discoveries using the technical knowledge of our team. We don’t go into production, it’s not our business focus.”As long as we invest in ATAC based on what we know the target is, and believe it is achievable, hang in long term, and forget the market and the noise. >