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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Comment by bailey2on Nov 10, 2012 6:24pm
204 Views
Post# 20585605

RE: RE: RE: To be..or not to be....

RE: RE: RE: To be..or not to be....

Looked back at Sedar,   both Sprott and Pinetree each had around 12 per cent of outstanding shares around Nov 2011. They were involved in the underwriting at around 2.35 and 2.45. at that time. I  am just starting to look at Sedar but obviously they have increased their positions since then. I think the tree is being shaken to buy up as many weak shares as possible. I think soon your going to see a price drift even lower than this....then...you're going to see some huge blocks of shares change hands. before the start of the upswing. The increase in share price might coincide with any catalyst, (drill results, gold trending upwards, announcement to the board) or happen when the big guys in the know want it to. You know how this game is played.

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