So does one assume that Marquest has lightened their position due to forced redemptions (tax-loss selling by fund shareholders) or for more strategic reasons (no assumed implication of malevolance )?? If it is solely due to tax-loss selling, I hope that others here have benefitted, and that those shares are now in stronger hands. I have been fortunate (or misfortunate enough -time will tell ) to be able to triple my holdings since this time last year.

Sometimes I wonder though if our inabilty to have any significant SP appreciation is mainly due to the fact that there exsists only a handful of retail investors, who are all so tightly holding their shares ( until the bid rises to at least $1.00 ) that we cannot gain any SP traction...the combination of Marquest unloading shares, with retail having left the junior resource exploration space en masse, and those few remaining having exhausted their dry powder (or perhaps holding their dry powder to invest in precious metal juniors, once a bottom and reverse trend has clearly been established), and with no institutions stepping in to offset Marquest's sales..

Cheers, Luker

http://www.marquest.ca./funds/explorer-series.php

Investment Objective

To achieve long-term capital growth by investing in a diversified portfolio of primarily equity securities of attractive Canadian mining companies, as well as diversified international mining companies which include operations in Canada.

Fund Details

Top 10 Holdings (As at December 6, 2013)