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Gold/Mining/Energy : Century Mining Corporation

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From: 4C4/26/2006 9:25:32 PM
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Interesting post from StockHouse:

"There are 2 major shareholders US Global, and RAB. Together they have been dumping shares, but each have different initiatives. US Global is just cleaning up there books, and nothing more, they love the co. but can no longer commit the funds, as they will be entering new companies. RAB on the other hand, is experiencing major net redemptions on alot of there mutual funds... RAB and US Global have a combined 3.7 million shares to go before this dumping is over. RAB has less, around 1 million give or take. US Global is in less a hurry but are selling. Both are using CC (sometimes) as the middle man. Average daily volume on CMM is 500,000 shares give or take a few. 3.7 mill/500,000 = about 15-20 tops to clear these guys out."

stockhouse.com
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