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Bullboard - Stock Discussion Forum LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

TSX:LSG.DB - Post Discussion

LAKE SHORE GOLD CORP 6.25 PCT DEBS > GDXJ added another million shares now at 59,099,505
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Post by idlefreebird on Aug 16, 2014 3:30pm

GDXJ added another million shares now at 59,099,505

https://www.vaneck.com/market-vectors/equity-etfs/gdxj/holdings/     GLTAL.BE STRONG STAY LONG
Comment by goldhappy on Aug 16, 2014 5:33pm
Looking for an easy double in the next couple years.
Comment by Wolfin13 on Aug 16, 2014 10:57pm
Delete "yaers" Add "months" GLTA
Comment by GDXJ on Aug 18, 2014 12:00am
Hey ... that's me. GDXJ Let me check my account. Last time I checked there was only 3500 LSG there.
Comment by sens93 on Aug 19, 2014 5:14pm
At 2.63% of net assets and top holding at 5%, they could certainly conitnue to add. However, how much of LSG can they own without major issues? They crossed 10%, are their any other barriers?
Comment by idlefreebird on Aug 20, 2014 12:37pm
GDXJ , slowly adding positions as now at .GLTAL Lake Shore Gold Corp LSG CN 59,146,821 69,345,483     2.64
Comment by TraderRookie on Aug 20, 2014 12:51pm
Hey Idlefreebird...Can you please elaborate. What do you mean by GDXJ , slowly adding positions as now. Do you mean that they are buying LSG shares?? Can you elaborate??
Comment by sens93 on Aug 20, 2014 1:06pm
Rookie GDXJ is an ETF that holds shares in Junior miners.  LSG is their 10th largest position, and they hold roughly 59M shares in LSG.  In the last 2 weeks they have been adding shares.  One can assume they buy additional shares at the amount of money they manage increases. 
Comment by sens93 on Aug 20, 2014 1:08pm
I have posted this link before, but here it is again. they update their holdings daily. https://www.vaneck.com/market-vectors/equity-etfs/gdxj/holdings/
Comment by jpgoldilocks on Aug 20, 2014 1:23pm
Sure are acquiring large positions in some great take out targets ... preparing for the upcoming consolidation that's bound to come, IMHO.
Comment by idlefreebird on Aug 20, 2014 1:41pm
jp , yes they are in the know my friend.I'm hopping not till we reach the $3.00 range though.GLTAL my friends and be strong and stay long.
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