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Santa Barbara Resources Ltd V.SBL



TSXV:SBL - Post by User

Comment by moneymaker75on Oct 25, 2013 11:51am
168 Views
Post# 21849054

RE:GMP liquidating

RE:GMP liquidatingIf people are worried...I would check if GMP is liquidating any other similar positions. More likely than not, it's another precious metals fund that has blown up and needs to liquidate positions as people are making redemptions. This will happen a lot across all stocks as we are heading towards tax loss season and it's been a BAD year for shareholders and PM funds alike. The irony is they are taking down one of the very few PM stocks they might have a profit in with SBL since it has spent the bulk of the year under 5 cents. 
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