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Gold/Mining/Energy : Oro Gold Resources

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To: Rocket Red who wrote (146)4/4/2010 10:28:37 PM
From: PaperPerson  Read Replies (1) of 204
 
i am in awe. great stats to know.

so rbc is the biggest new player to take out a real chunk, at least as of end of 2009. 5.5 million shs. call it a $2 million investment. since it was 9.05 percent of the outstanding, it was based on the old outstanding of 60.7 million shs. we now have 67 million. so rbc owns ~8 percent. unless of course they have kept buying this year....

RBC has an 880 million market cap. so they can afford to make a bet. but it is still a big chunk of a small stock with no reserves. very encouraging.

RBC Global Precious Metals

Top 10 Holdings

Name of Holding % Net Assets
Goldcorp, Inc. 7.1
Red Back Mining Inc. 5.5
Barrick Gold Corporation 5.4
Randgold Resources, Ltd. ADR 4.1
Agnico-Eagle Mines 3.4
Silver Wheaton Corporation 3.2
San Gold Corporation 3.1
Kinross Gold Corporation 2.7
Crocodile Gold Corp 2.7
Andean Resources Limited 2.5
% Assets in top holdings

morningstar.ca
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