RE:RE:RE:RE:RE:76 SupportIf you have been following the share structure on Kor website you would have noticed that Tocqueville Asset Management L.P recently reduced their holdings by 1.5M shares and Van Eck Associates Corporation increased their holdings by 2.3M shares. The directors dumped a bunch and replenished it and increased their holdings. It looks like Van Eck has been buying up most of what's come out. If Tocqueville continues to sell off I can't imagine Van Eck would be interested in pushing the price up. Maybe another big block is coming out? The motivations for selling could be just because of the calender year end, don't know.
I think the company is sitting at a $4-5 buyout now and Anglo is happy to have Kor continue the exploration. In the recent video Jeff talks about everything coming to a head around Jun I think. They have enough $ to carry the drilling to that point and then decisions would have to be made. Isn't Anglo drilling the properties next to Kor? I'm sure they are interested in how their holdings bleed into the Kor package.