The CBA have been doing this for years now. The move in and out of substantial holders every few months. I think it was May the increased their holdings.
But what you have to remember their many associated funds actively trade AVM and actively shorten this stock. You only have to look at the Short positions notice that is released each month in Canada. I've tried to paste one below but the figures don't quite line up the headers. You get the idea. They still make money on the way down.
TSX down 55.52 overnight, copper up to $3.47.
Anvil will languish at these prices for reasons previously mentioned until the contracts dispute is finalised, which from all reports should be very soon, and we have the $300 million in the bank from Gertler. We are sitting on a mountain of exploration results that have not been yet been released.
Anvil are still sticking with their production forecasts for this year. Lets hope they make it.
I hope this helps.
KKR
Anvil Mining Ltd - Short Positions on 2008/07/31 52,122 -34,000
11 August 2008
Market News Publishing
ANVIL MINING LTD ("AVMNF-0") - Short Positions on 2008/07/31 52,122 -34,000
Net Total Last Total Price
Date Change Shorted Price Volume Range
----------------------------------------------------------------------------
2008/07/31 -34,000 52,122 - - - - -
2008/07/15 -43,460 86,122 - - - - -
2008/06/30 -10,500 129,582 - - - - -
2008/06/15 N/A
2008/05/31 N/A
2008/05/15 1,000 20,000 - - - - -
2008/04/30 -11,234 19,000 - - - - -
2008/04/15 -9,806 30,234 - - - - -
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