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Re: 11Olas post# 50225

Friday, 03/25/2016 11:45:15 AM

Friday, March 25, 2016 11:45:15 AM

Post# of 63744
Yeah, GDXJ had a 10% stake...25,200,000 shares...I'll never forget the day AH's when they sold out and here is this huge block that was traded for ~.14/share. Part of me bets they are about sick that they sold so close to the all-time low...However, Banro was just a very small piece of what they own, so it was probably irrelevant to them. I do agree that I think eventually they would consider putting Banro back in their portfolio...I just don't know what Market Cap they need to be at for GDXJ to start buying again.

One thing that this rings a bell on though...I don't think I ever heard who bought those shares? Obviously it had to be arranged to not drop the price to sub-penny prices. Curious if you know, or ever remember hearing who picked those shares up?
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