GREY:VITFF - Post by User
Comment by
MVargason Mar 04, 2024 2:02am
104 Views
Post# 35912558
RE:RE:RE:RE:Institutions and insiders are at 63%
RE:RE:RE:RE:Institutions and insiders are at 63%Coeur sold 5 million shares to Cormark (Sprott) at a price of $10.90/share on June 28, 2022. After that sale, Coeur ceased to be an insider.
I wouldn't rely on Victoria's totals in their Corp. Presentation.
The Corp presentation shows Van Eck holding 3.54 million shares whereas the correct number is 1.64 million after VGCX was dropped from the GDX in Sept. 2022.
Invesco no longer holds VGCX shares. (902,000 shares reported)
Franklin's reported holdings as of 20240131 was 1.525 million shares. (2.85 million shares reported).
I don't know how accurate the other reported holdings are.
Marty Rendall told me that Orion sold all of their interests in Victoria a long time ago including the warrants that were exercised last April and the Call Options due the same month.
Speculating that your largest shareholders could be shorting the stock is highly illogical to me when all they would have to do is sell their own holdings without having to report those sales. What do they have to gain by shorting?
The insiders can't sell because that would cause an even bigger run on the stock.