Re: Power of Retail?
in response to
by
posted on
Nov 07, 2013 12:22PM
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)
I imagine things will be quiet during the day as most are working (just like me........) right now. I will keep updating as best as I can throughout the evening but I will be absent for about an hour or so later on.
I would be surprised if retail doesn't own at least 10% of the float. What does this mean? Well, a lot actually. The only reason we "don't matter much" is because we aren't united.....yet anyways. In a perfect world retail would be treated no differently than any investor. Afterall, any major institution isn't one person, it's a group of investors represented as a single entity for the sole purpose of having a controlling factor. What is to say strong retail can't have the same "pull"? I know, I know, maybe it's naive to think......but sure would change things....
There are strength in numbers.