Timmins & Beardmore - Northern Ontario

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Some interesting trading activity again yesterday re: GMP...

House positions for V: SGX for 5/15/2008:

House Bought Sold Net
74 GMP 567,500 483,000 84,500
80 National Bank 67,500 5,000 62,500
62 Haywood 20,000 0 20,000
5 Penson 18,000 0 18,000
7 TD Sec 62,000 49,000 13,000
85 Scotia 4,500 3,000 1,500
124 Questrade 500 0 500
9 BMO Nesbitt 250 0 250
58 Qtrade 0 250 -250
19 Desjardins 0 4,000 -4,000
88 E-TRADE 0 10,000 -10,000
95 Wolverton 0 20,000 -20,000
81 HSBC 0 20,000 -20,000
79 CIBC 0 20,000 -20,000
89 Raymond James 0 22,500 -22,500
2 RBC 65,000 96,500 -31,500
1 Anonymous 50,000 122,000 -72,000
Total 855,250 855250 0

GMP big buyer and big seller as their only two sells were 125k and 358k crosses to themselves. Hummm... Interesting.

Position of broker 74 (GMP) for V:SGX for 1/2/ 2007 to 5/14/2008:

Date Bought Sold Day Net
2007-06-06 0 125500 -125,500
2007-07-13 200000 0 +200,000
2007-10-22 50000 50000 0
2008-03-04 200000 0 +200,000
2008-03-20 125000 0 +125,000
2008-05-13 125000 0 +125,000
2008-05-14 707500 0 +707,500
2008-05-15 567500 483000 +84,500
Total 1975000 658500 +1316500

Anyone have any idea what is going on? Typically extra-ordinary trading events (i.e. large buys, crosses, accumulation, etc.) are a precursor to extra-ordinary events to come. GMPs recent significant buying and crossing on the public market is extra-ordinary IMO. Things can and are going to change here significantly very soon... IMO of course.

P.S. Gold inching toward $900 this AM!... Check out John Embry's latest Investors Digest article... "Last chance to board gold train at under $1,000"...

http://www.sprott.com/pdf/investorsd...

Comments welcome. GLTA.

red911

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