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Bullboard - Stock Discussion Forum Victoria Gold Corp VITFF

Victoria Gold Corp. is a gold mining company. The Company’s flagship asset is its 100% owned Dublin Gulch property, which hosts the Eagle, Olive and Raven gold deposits along with numerous targets along the Potato Hills Trend including Nugget, Lynx and Rex Peso. Dublin Gulch is situated in the central Yukon, Canada, approximately 375 kilometers (km) north of the capital city of Whitehorse. The... see more

GREY:VITFF - Post Discussion

Victoria Gold Corp > M Lynch moving shares around
View:
Post by kegman on Apr 19, 2022 2:44pm

M Lynch moving shares around

13:58:52 T 14.50 -0.06 339,900 39 Merrill Lynch 39 Merrill Lynch K
12:01:54 X 14.50 -0.16 161,000 39 Merrill Lynch 39 Merrill Lynch Z
Comment by kegman on Apr 19, 2022 3:20pm
3:58:52 T 14.50 -0.06 339,900 39 Merrill Lynch 39 Merrill Lynch K 14:34:59 T 14.50 -0.06 195,000 39 Merrill Lynch 39 Merrill Lynch K 12:01:54 X 14.50 -0.16 161,000 39 Merrill Lynch 39 Merrill Lynch Z
Comment by Human7 on Apr 19, 2022 5:56pm
What is this suggesting to you Kegman? I'm in pretty deep like you, but don't understand your post. Thank you.
Comment by MVargas on Apr 19, 2022 7:35pm
I think it means that the Merrill Lynch seller that has been feeding shares into the market relentlessly for the past number of weeks has arranged to sell large lots privately to an interested party or parties.  They also did a couple of ~ 160k crosses on Fri/Mon.  Maybe the seller is now out or almost out and that's why we were slightly up today on a down day for gold and gold ...more  
Comment by kegman on Apr 19, 2022 8:04pm
To move that many shares you need to prearranged a price and have both parties lined up in the market. Crosses like this are at a discount usually and at this $$$ one would assume is an institutional investor. Both deal with Merril. Leads me to believe US side but trades were on TSX. I truly believe there are Co's out there looking at us and $23-25 would take us out from here. Poison pill ...more  
Comment by libation1977 on Apr 19, 2022 10:09pm
If I wasn't living in the states I'd go just to tell them how horrible they are.  As we all suspect shorts are informed and we are being f'd over here.  I've went from admiring John to considering him untrustworthy since my initial investment in late 2017.
Comment by MVargas on Apr 19, 2022 10:48pm
The AGM is in Toronto. The Rights Plan has expired without shareholder approval.
Comment by OCB1234 on Apr 20, 2022 5:51am
This post has been removed in accordance with Community Policy
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