Tax Loss Selling and/or Last of the Inst. Distribution??????Probably a little bit of tax loss selling mixed in with Institutional distribution IMO. Last summer and early fall, DFA was VERY slowly distributing their shares. They were more or less "holding" through the summer and fall....now it appears they might be liquidating. They are the last institution holding any significant amount of SGF paper. They have sold a tremendous amount (spring, summer, & fall of 2013 and early spring 2104) at a significant loss and it looks like they are NOW back on the sell.
Like many, they were probably hoping the EIS approval would have been a better catylyst than it has turned out to be. They don't appear to be buying into the drilling plan.
I cannot blame them for reshuffling their monery and investments.....they have held on longer here than many of their peers. (Fidelity, Canada Pension Plan, AGF, etc etc HAVE all been out for a very long time now.....)
GLTA
Pickinbottles