GREY:VITFF - Post by User
Comment by
HoneyBadger77on Nov 16, 2023 3:29pm
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Post# 35739873
RE:RE:RE:RE:RE:Are the shorts relenting?
RE:RE:RE:RE:RE:Are the shorts relenting?Here's some links from FINTEL regarding VGCX share ownership. What I find so intriguing is the number and variety of institutional owners (large and small) of VGCX shares and I ask myself why would they be invested in VG unless they saw value and potential in this company worthy of their investment dollars when there's so many other gold companies to invest in?
Top 21 Mutual Funds -
Top 21 Mutual Funds with CA:VGCX / Victoria Gold Corp (TSE) (fintel.io) Top 14 ETFs -
Top 14 ETFs with CA:VGCX / Victoria Gold Corp (TSE) (fintel.io) Institutional Owners (TSE) -
VGCX - Victoria Gold Corp Stock - Stock Price, Institutional Ownership, Shareholders (TSE) (fintel.io) Note: FSAGX - Gold Portfolio - filing on Oct 27 indicates that they sold over $20 million or 852,294 shares of its VGCX shares on Aug 31st, essentially dumping the 839,000 shares they bought on May 31st. So GMT may seem like the likely culprit but it could very well be FSAGX instead or others. FSAGX - Gold Portfolio reports 17.61% decrease in ownership of VGCX / Victoria Gold Corp - 13F, 13D, 13G Filings - Fintel.io I can't seem to find any filings relating to GMT or other Hedge Funds via FINTEL and it's interesting that FINTEL lists FSAGX as the largest VGCX institutional shareholder when I thought GMT was the largest VGCX shareholder with over 6 million shares? Perhaps it's because FSAGX is the Fidelity Select Gold Portfolio is a MUTUAL FUND and GMT being a HEDGE FUND has different filing rules and isn't required to report to FINTEL in the same manner as others. Who knows.
I do know though that as long as General Public ownership remains at or increases from the current 57%, VG won't be the subject of a hostile takeover unless the offer price is reasonably acceptable to the General Public ownership as a hositle takeover requires 66.6% of the vote (if my memory serves me correctly).
HB77