Clarification on PRU holding. They have not been buying nor selling. The recent notices have just been the dilution of their holdings as they did not participate in the recent capital raising.
I have talked to the company rep before and the reason PRU did not participate was because of low gold price, they have to conserve cash.
However, it is rather interesting that the executive director of PRU, Colin carson (who is also a director of MSR) has put in over 250k of his own money to participate in the recent capital raising.
Follow the money.
I can really see this going above 10c. We have been creeping up slowly and not in a parabolic manner. This is just on a rising gold price and renewed interest. If a good announcement comes our way . BOOM.
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