First Mining Gold Corp (FFMGF): I believe GDXJ can't hold more than 20%...

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Re: hillzman post# 5538

Tuesday, 05/23/2017 4:17:20 PM

Tuesday, May 23, 2017 4:17:20 PM

I believe GDXJ can't hold more than 20% of any one of these small cap miners before they have to tender a buy-out for that company.
I believe that's what I read, so I guess that's the number of shares they can't surpass. I think they're dumping more shares today as the volume is back up.

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