Retail vs Institutions

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Gerwin

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Retail vs Institutions

posted on Apr 19, 2010 08:28AM

When i look at the Noront website i see that on 31 januari 2010 the percentages are;

Management 2%
Institutional 55%
Retail 43%

Unchanged since december 08

The latest presentation states (april 2010);

Management 2%
Institutional 59%
Retail 38%

Does it matter for Noront if shares are held by institutions or not?
Is this their way of securing the company and make sure that the institutions get at least 60% or whatever magical percentage needed for some "special actions" ?

Trying to figure it out ;-) Just dont get it why they try to scare retail away.
They seem to be doing a good job at that.

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