Post by
laroplex on Sep 23, 2011 6:27pm
93% Tendered!!
Now TRR will take legal action in getting the remaining 7%(i'm not sure if that is the final count).....They will put a cease trading(delisting on the TSX.V) for GLD.....Now, our biggest problem is the General Market....we shall see what next week brings in store for us all after this G-20 summit....GLTA
Comment by
letsgetready on Sep 23, 2011 6:52pm
numbers look a little fuzzy..they had 88.8% of GLD before and added 17.8 million shares and now they only have 93%!.. the numbers suggest they should be around 97-98% of GLD..they had 139.6 million shares before and added 17.8 = 157.4 million..but they report they have 154.7 million..anyhow glad its over
Comment by
cavedude on Sep 23, 2011 7:45pm
I think the general market is tired of the "boy that cried wolf" from the economists, news, analysts et all. I doubt we are going to see much more of a pullback in the market. We most likely will start seeing people buying back in by late next week - just a prediction, but we will see.