RE:RE:RE:RE:RE:RE:RE:Serafino bought 26 k shares at 4.75 cad.No matter what...Sprott seems to have made a very profitable move in dumping this and the trend seems that this may very well be taken under 4.00 cdn before this is all over.
For the avid supporters of conspiracy theories, keep on drinking that kool-aid.
gottschlich wrote: Hi Golddd and clubhouse19,
Guys, I disagree with your theory - since Ontario Ltd. (assuming in the event that they or Eric in person might have had fundamental problems with GCM of any sort) had a 2.5 month time window with stable prices between March 15 and beginning of June to sell its stakes in GLDX step by step at an average price of ~3.60 CAD.
But anyway - I really do appreciate the open discussion of different views here - as long as it doesn't get too personal...
OK, I'm probably a bit older than you and rather think that the "negative" degree of innovation (>40%) of the recent GLDX acquisition has to be "digested" by the broad market first.
And very few people in our modern "benefit now" or "just-in-time" time are patient enough to sit this out emotionally, if necessary to exploit it strategically through further more favorable GCM acquisitions - and prefer to part with their shares for the sake of peace of mind.
From a change and innovation management point of view, the systemic pain in complex organizations starts at about 5% annual change rate - and transferred to our global GCM investor and trader community, 40% is already huge...
Cheers, Gotti