GREY:RNKLF - Post by User
Comment by
goldhunter11on Feb 05, 2019 5:31pm
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Post# 29323075
RE:No Sprott buying today
RE:No Sprott buying todayMarkCalgary,
There is a blockat 3:10pm today for 1.022Ms @ $0.70/s and a 0.4Ms block just before that. Could you track them down to see if they could be for ES?
Also, most of the trades (StockWatch) were done at the TSX (6Ms or~60%), but other exchanges accounted for another 40% of the volume. Presumably, ES could buy from other exchanges?
Note/Speculation: ES sold some KL shares just a few weeks ago, to buy more RNX shares. He's now at just over 10.3%OS which is sitll "way below" the next level, the 20% threshold. However, ES is not likely to do the TO of RNX himself. He would just set up a good "choke hold" for KL to do the TO deed. If KL proposed an all share exchange with "reasonable" premium (say $2.5/s for RNX) then ES would get something like a 5 bagger (approximately) and he would get back quite a few more shares of KL than what he sold. GH11
T:RNX - ROYAL NICKEL CORPORATION - https://www.rncminerals.com | 17:11:25 EST |
RNX - T |
124.0 | 0.70 · 0.71 | 81.5 | 0.71 | +0.05 | 7.6 | 10,167.8 | 7,001 | 1,794 | 0.67 0.72 0.65 | 1.18 0.07 | 15:59:59 | Jan 22 | 15 min RT 2¢ |
TSX - T | 124.0 | 0.70 · 0.71 | 81.5 | 0.71 | +0.05 | 7.6 | 6,053.2 | 4,162 | 1,059 | 0.67 0.72 0.65 | 1.18 0.07 | 15:59:59 | | 15 min |
Alpha - A | | 0.71 | +0.05 | 7.6 | 399.6 | 275 | 75 | 0.66 0.71 0.66 | | 15:59:34 | | 15 min |
Chi-X - X | | 0.71 | +0.05 | 7.6 | 346.0 | 242 | 57 | 0.68 0.71 0.665 | | 15:59:34 | | 15 min |
CX2 - H | | 0.70 | +0.04 | 6.1 | 111.8 | 78 | 27 | 0.68 0.71 0.66 | | 15:59:17 | | 15 min |
Pure - P | | 0.71 | +0.05 | 7.6 | 1,679.3 | 1,155 | 273 | 0.66 0.71 0.65 | | 15:59:34 | | 15 min |
Omega - O | | 0.70 | +0.04 | 6.1 | 257.0 | 176 | 67 | 0.67 0.71 0.66 | | 15:59:17 | | 15 min |
TriAct - M | | 0.70 | +0.04 | 6.1 | 641.6 | 442 | 98 | 0.705 0.705 0.70 | | 15:59:17 | | 15 min |
Aequitas NEO - U | | 0.71 | +0.05 | 7.6 | 679.5 | |
Markcalgary wrote: I tracked down Sprotts puchases for Jan 28 29 30...they were all thru broker 74 GMP....nothing from them today. He might have used another broker, but if not.... no buys today.
GLTA
MC