Biddew

I find GMP, and other institutions, seem to buy and sell with no real coherant aim or strategy. One min they buy only to find them selling lower at a later date. They are not the all-knowing source some think they are. At least in small caps. I remember a Wi-lan AGM a number of years ago that a fellow poster questioned some institutional attendees and their response was. In many cases, retailers think the funds are buying because they have some "privledged" information. They said, the reality is, many retailers/posters, know more about these penny stock companies than they do. Big surprize?

So, to answer your question, .... EFL technically cannot give any privledged or insider information in these financial seminars. It is illegal. Reg FD (Fair Disclosure) in the States makes sure "all" parties are informed of any material information within a specified time-frame and it's similar in Canada. You definitely cannot buy stock on privledged or insider information.

If you own more than 5% or 10%, (not sure the limit in Canada), you are actually considered a "real" owner and "are" entitled to real or privledged information. Because everyone knows your status and you have to file documentation stating your ownership. Everyone else "thinks" they're an owner (of stock) but they're not. They are only stakeholders (bagholders) which is very limited entitlement.

That said, I'm sure there's enough wink, wink - nod, nod going on to encourage the activity you are seeking without being subject to prosecution under the OSC. Which BTW, is a pretty weak regulatory body.

We can only hope GMP, or any institutional Fund buying, means they have assessed EFL's current and future prospects and like what they see. Bearing in mind, it's not their personal money.