IGC 0.00% 33.5¢ international goldfields limited..

what do we do, page-10

  1. 262 Posts.
    Sorry have not finished my post,

    I then told him that there are sellers constantly with 100,000 and sometimes 200,000 lots recently and what were his thoughts.

    Sage said that as far as he knows all the top 20 shareholders have not decreased their position. He explained that there are also people who may borrow money to invest. He also mentioned that he knows alot of friends who invest in the stockmarket who have been margin called recently.

    I then asked him if all his friends hold IGC and are all of them still keeping it and buying more? Tony replied with "I don't demand them to buy or sell. Those choices are with them". He says that he does promote the company at every chance and how good its projects are and updates them according to what has been publicly announced in regards to the "possible merger" but does not call them hinting that they should buy or sell...says that would be illegal and unfair. Never answered my question but then ... It was our choice to invest in IGC.

    Hope someone knows something out there could clarify this IGC stuff. Where is WALL FLY (he sounded as if he knew alot)...he was very active couple of months ago
 
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Currently unlisted public company.

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