RE:RE:RE:RE:RE:RE:Major Institutional SELLERS according to Morningstar:Thanks!
We have to take into account that in that said time frame from middle of September until Oct. 31 we had two major super drill result news: The big North Block resource expansion (Sept. 13) and the Golden Marmot finding (Oct 25).
Under normal circumstances these two new ultra high grade assay results would have led to very very strong price rally for PVG shares. Virtually we had found most probably a second and third Brucejack like mineralisations, both in grades and in aproximately size. Both possible to mill at the existing mill place without problems. Two super jack pots !
Everybody wondered at that time, that the shareprice reacted only rather limited. The rather strange sell activities incl. said short selling may had been a market manipulation to suppress our arising share price rally at that time, for advantage of the then following Newcrest offer ... (see my calculaton about win and loss for Newcrest by market short selling manipulations).