I don't think it's fair to refer to this as dumping their shares.
Funds have constraints that we don't know about – overconcentrated positions, – redemptions, etc etc
Which is why investment by funds is a two edge sword:
It's break out the bunting, light the bonfires and throw caps in the air when one of them takes a big position.
Not so wonderful when they start selling.
Let's stay focused on the fundamentals:
This is an extraordinary company, which has gone to 1st pour very quickly – with excellent management.
The next two quarterlies should provide very interesting reading
They are targeting 260,000 oz next year with tremendous income potential.
The company's broker has a share target of $.98 speaking from memory.
There are always bumps along the road with mining companies.
I'm in it forever – until there is a bid or until the happy day when the dividend exceeds my investment.
