Q: what do they know that others do not know?
Nothing.
Q: When did Passport Capital become a major shareholder?
Jan 2008, accummulating thereafter
Q: At what price did they buy at?
Around 70 cents per share.
Q: If that is the case, does this major shareholder have NFI?
Yes.
Q: If that is the case, a major shareholder buying at 70 cents (on the peak) and selling at 11 cents (at the lows), would only a fool take the actions of this major shareholder seriously?
Absolutely.
why is one of the big shareholders selling , page-2
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