TODAY'S DISCOVERY, TOMORROW'S FUTURE

Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.

Free
Message: Re: Institutaional Holders update..
3
Sep 23, 2008 06:42AM

very nice update on institutional holders, and thank you Portee for posting it. I always forget to look at that reuters thingy and it is very very useful to do so.

Here is a layman's summary. The way I read it, in the last three months, institutional invsetors increased their ownership of kxl shares by a net of 2.3 mm shares, which is impressive.

two institutions reduced their positions in kxl while seven increased their positions. that means a net increase of five institutional investors. a total of nine institutions now own the stock. one closed his position.

instutional accounts now hold 13 percent of the common stock.

Non statistical translation: a. this is not a moose pasture, and b. them big boys be scarfing up our stock while the gittin is good.

http://www.reuters.com/finance/stock...



Michael

Share
New Message
Please login to post a reply