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Gold/Mining/Energy : Southwestern Gold
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To: Claude Cormier who wrote (232)6/7/2002 5:44:32 PM
From: TrueScouse  Read Replies (2) of 585
 
Claude:

I've only just realised the significance of this PR from AGF funds about SWG, from back in April:

newswire.ca

AGF used to own about 3 million shares -- and as an owner of more than 10% of the company they had to report on their transactions in the past. But this PR shows them with 1.8 million shares or only 9.69% of the SWG total -- so they don't have to report their trades any more.

I presume AGF has been continuing to sell the stock over the last month or so, which would account for the poor performance.

Any comments?

Regards,
Howy
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