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Viacom is a global media company with several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Viacom has also built several online properties on the strength of these brands. Viacom's Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Godfather and Transformers series. Viacom was spun... see more

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Viacom Inc. > NEW INVESTORS

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Post by monsieur46 on Jul 25, 2005 2:58pm

NEW INVESTORS

There is something brewing for sure on the Éléonore property , it will be a lot more difficult for them to keep information secret . To me this is the main reason why the stock has moved higher so much over the last few days . BTW one more explanation to me : There are many institutional investors who have been looking at VIA for many months so far withtout investing ...... Now they feel they have to jump on the bandwagon otherwise it will be to late . This gem is growing on every NR . I know one of them , and I can tell you that this portfolio manager is following VIA pretty close and still not decided about what to do .....

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Comment by cdndiamonds on Jul 25, 2005 3:21pm

I agree Monsieur. That said, two things keep running through my head. First as i pointed out before, Andre did not sell a share after the last news release. Previously he had sold between 10 and 20 thousand shares after every news release for a toltal of about 75,000 shs sold this year. This is very prudent on his part (to be selling and therefore diversifying) as he to this day has more ...more

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Comment by monsieur46 on Jul 25, 2005 7:01pm

Hi CdnDiamonds , I agree with you on almost everything but I don't think we will get news before 2 weeks . I want also to tell you that André Gaumond will be at " Capital Action " tomorrow night . As André said at the latest AGM ( if you read between the lines ) , they want to find as many new zones as possible to increase Éléonore value asap.

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