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Message: Golden Op

and it appears someone at Canaccord is accumulating. Over the last month alone they have absorbed almost half the volume of the debenture which incidentally is worth about as much as the market cap today. $40 million could have bought the company a few weeks ago so why all the interest in accumulating the debt?

House Positions for C:SGR.DB from 20130715 to 20130813
House Bought $Val Ave Sold $Val Ave Net $Net
33 Canaccord 799,000 40,060,920 50.139 0 799,000 -40,060,920
9 BMO Nesbitt 281,000 13,953,280 49.656 75,000 3,747,620 49.968 206,000 -10,205,660
85 Scotia 90,000 4,492,830 49.92 15,000 740,550 49.37 75,000 -3,752,280
81 HSBC 50,000 2,500,000 50.00 0 50,000 -2,500,000
59 PI 40,000 2,000,000 50.00 0 40,000 -2,000,000
75 MGI 16,000 798,880 49.93 0 16,000 -798,880
80 National Bank 15,000 755,290 50.353 0 15,000 -755,290
2 RBC 38,000 1,882,200 49.532 25,000 1,218,670 48.747 13,000 -663,530
19 Desjardins 5,000 250,000 50.00 0 5,000 -250,000
62 Haywood 2,000 99,860 49.93 0 2,000 -99,860
7 TD Sec 38,000 1,894,500 49.855 79,000 3,950,000 50.00 -41,000 2,055,500
27 Dundee 0 50,000 2,450,000 49.00 -50,000 2,450,000
79 CIBC 421,000 21,049,160 49.998 627,000 31,373,560 50.038 -206,000 10,324,400
1 Anonymous 185,000 9,189,290 49.672 1,109,000 55,445,810 49.996 -924,000 46,256,520
TOTAL 1,980,000 98,926,210 49.963 1,980,000 98,926,210 49.963 0 0
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