OTCQX:GTBAF - Post by User
Comment by
flashcashon Apr 12, 2020 1:00pm
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Post# 30900744
RE:RE:RE:RE:What if we could actually discuss GBR for a few posts
RE:RE:RE:RE:What if we could actually discuss GBR for a few postsGoaweigh wrote: According to the Management Info circular dated March 16 th " 1832AMLP " owned 5,977,111 or 13.06 % . The last time they reported an increase of their position was March 5 th under the heading " Alternative Monthly Report " which is posted on Sedar and it was the same number of shares as above.
So if their position has increased since March 5th then we certainly should have heard it by now.
10 business days would have been on March 20th.
We are now at business day 27 and no updated report so it's highly unlikely they are at 20%.
I agree, these guys are making a big bet and are here for a big win.
Hope they're right !!!
Iveybiz79 wrote: The purchases of GBR for the 1812 fund is on behalf of the individual unit holders of 1812, directed by the investment manager(Cohen) on a fully discretional basis. The fund uses an alternative monthly reporting system which states they have to file their purchases of GBR within 10 days of going over 10% and then they file within 10 days at the end of any month where their position goes up/down by 2.5% from the last reported position (If at 20% I would think this should have been reported already). These guys are not in GBR for some nefarious purpose rather it is Mr.Cohen/the unit holders who like huge returns. They were in Aurelian in 2007 from $3 and rode to over $30.....look at the average purchase price....these boys aren't in GBR for a double bagger.....they must see a dramatically bigger upside.
Should it not have been filed on Great Bears sedar report or did I miss it?