Post by
Rambo007 on Nov 22, 2010 9:30am
200,000 shares taken out before opening at .065 ce
No news yet something is brewing
Comment by
FASTTRADER67 on Nov 22, 2010 9:44am
Answer me this. Why would MF sell that 1/2 mill plus block last week if this sp has only risen every day? Up a penny today. Don't get me wrong - doubled position 2 weeks ago - just seems strange to sell into the ask with such a large block. For what reason?FT
Comment by
CrashSurvvivor on Nov 22, 2010 10:00am
I don't have an answer, but read something once about Mineralfields and the flow-through structure of their shares. I think it is the tax advantage of the flow-through. They / their investors make money no matter what on the tax advantages, and it may be that they have to sell to get the tax break. Maybe someone out there with a tax background can help?
Comment by
Rambo007 on Nov 22, 2010 10:43am
https://mineralfields.com/index.cfm?PageId=71DD84FC-423B-A2BC-4B350389A73634E0&refresh=E848E728-423B-A2BC-411822A783617D87