Quinsam Capital Corp C.QCA

Significant Anonymous Purchasing

[cgytrader]

Usually when M Partners was purchasing shares for QCA NCIB, they were showing in the Level 2 sales/data information but there is a ton of anonymous purchasing over the past couple days. 

You think this could relate to the NCIB purchases or is it just a firm acquiring large blocks that wants to remain hidden. 

As for the recent options/DSU's...I get they want to be compensated (and they should for large gains in the portfolio) but kind of rubbing it into our face personally. If the exercise price was .26-.30 that would be palatable as they would expire unless they add value. But here, they can increase value artifically by buying the remaining shares under the NCIB (maybe bump to .21-.215), exercise at 0.20 so they actually get a discount to MV at exercise time and increase the insider percentage.

[mercedesman]

Exactly...it's a great gig if you can get it. BTW 542k shares were repurchased May 31 , and 208k were repurchased May 28th. Pretty quickly burning through our ability to keep the price up through "artificial demand"? Not to worry.  Lather rince and repeat...with a new NCIB that will likely come out again in August. O/S shares fall by a net 2-3 M a year (5 M repurchase