Developing Bellechasse-­Timmins Gold Deposit

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Hi rj

Not sure I agree with your logic.

Here are the net sellers for the last two weeks. There is no one large seller and no clear indication of someone liquidating, other than a slow selloff. This assumption that Mineral Fields is selling, seems to me, a rumour based on no real information other than an offhand comment from investor relations. Did they say it was Mineral Fields who were selling?......I don't think so.

buy $ volume sell $ volume net sale $

33 Canaccord 21,500 3,210 0.149 22,900 3,265 0.143 -1,400 55
94 Hampton 0 3,500 630 0.18 -3,500 630
46 Macquarie 0 4,000 580 0.145 -4,000 580
58 Qtrade 0 4,800 816 0.17 -4,800 816
22 Fidelity 0 5,000 625 0.125 -5,000 625
14 ITG 3,500 437 0.125 11,500 1,672 0.145 -8,000 1,235
9 BMO Nesbitt 2,700 359 0.133 15,950 2,335 0.146 -13,250 1,976
99 Jitney 11,000 1,512 0.137 25,000 3,432 0.137 -14,000 1,920
15 UBS 15,610 2,214 0.142 36,000 4,790 0.133 -20,390 2,576
5 Penson 0 34,400 5,043 0.147 -34,400 5,043
7 TD Sec 246,617 33,801 0.137 282,000 38,319 0.136 -35,383 4,518
1 Anonymous 80,000 11,899 0.149 196,500 29,448 0.15 -116,500 17,549

This is not the way an institution goes about selling if they really want out. This is a broadbased selloff that cover many houses and is based on low volume. I would like someone to tell me what they see in the tape that I don't see?

The market is very skittish and there are many investors going to cash reserve based on the overall market conditions.

just asking......carry

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