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Re: Raphael De La Ghetto post# 172945

Wednesday, 02/22/2012 9:15:23 PM

Wednesday, February 22, 2012 9:15:23 PM

Post# of 720898
15.9 million shares Brigus Gold Corp. (BRD): BRD is engaged in the exploration, development and production of gold and other metals in the U.S., Canada, and Mexico. On Tuesday, Toronto-based hedge and mutual fund company Sprott Asset Management LP, with over $10 billion in assets under management, including $911 million in 13-F assets per its latest Q3 filing, filed SEC Form SC 13G/A indicating that it holds 20.5 million or 10.0% of outstanding shares, an increase from the 15.9 million shares it held at the end of Q3; Sprott was the largest institutional holder of BRD even prior to this purchase, with the next largest being Wellington Management (6.8 million shares). BRD shares currently are at their lows, and it trades at a cheap 6-7 forward P/E, and at 1.3 P/B compared with the 1.8 average for the small-cap gold miners.

http://seekingalpha.com/article/335981-analysis-of-noteworthy-institutional-5-ownership-filings-tuesday-and-wednesday?source=yahoo

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