RE:RE:RE:RE:RE:RE:RE:How often can retail buy in for < private placement?Thanks for explaining how you arrived at the 70,400,000 number.
Yes, I'm gambling on a penny stock but I only invested 2000 shares for a couple hundred USD. Osisko private placement shares won't be in the trading float for a few months and the flow through shares at $.25 CAD comes later also. All in all, the expanded M&I resources, additional exploration potential, institutional and corporate ownership for an 11 cent stock look like a good bet to me.
As of October, 2016
Institutonal shares held and % shares outstanding 77,099,660 27.62%
Mutual Fund shares held and % shares outstanding 26,442,492
9.48%
https://quotes.wsj.com/RVRCF/company-people
Also from the January 2017 corporate presentation it looks like institutions have bought in even more than what is reported by the Wall Street Journal. I need to call IDM to get clarification.
