Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canabrava Diamond -- Ignore unavailable to you. Want to Upgrade?

To: m.philli who wrote (2264)	6/23/2001 2:18:31 PM
From: whisky	Respond to of 2402

Mike, you are a sleuth. According to the latest report as ofMarch 31,2001 and referencing from Jan 1, 2000 and the subsequent news from AGF last week. It shows that AGF is NOT SELLING any CNB or SWG, In fact, they have indeed acquired a whopping 1,635,900 shares on top of the 4,635,500 shares that were acquired by Mr Massie when he was with Global Strategy. MY APOLIGIZES TO THE PEOPLE AT AGF FOR MY MISALIGNED COMMENTS THE OTHER DAY. It seems that they are infact diversifying and acquiring both CNB and SWG in other funds which have not been reported in the newest report. Sometimes this happens when the amount of shares purchased does not fall as one of their top holdings in the fund. Although it would seem that the gold plus fund has lost 180,200 shares when comparing the shares listed from Jan 1,2000-Mar 31,2001. Mike you were right, they are both buying stock in the open market and are obviously allocating some shares from one fund to others. My guess is that some of the stock is being sold by one fund and acquired by other AGF funds, probably their resourse and growth funds. Very interesting to say the least.

To: m.philli who wrote (2264)	6/23/2001 2:24:27 PM
From: whisky	Read Replies (2) \| Respond to of 2402

Therefore Mike, you were right AGF by my calculations are not net sellers but net buyers and in fact HSBC which did have their own holdings of cnb are infact the net sellers here. Therefore, the thought of 5-6 million shares coming into the market is false, and in fact AGF is buying HSBC stock, along with individual investors and other funds. Now we have to find out how many shares were owned by HSBC and we will in fact know how many shares are still remaining to come out. Thanks for planting the seed with me as it got me thinking yesterday, but I didn't have an opportunity to compare their numbers until I found an other issue from Global Strategy. Talk to you later, see if you can help me find out how many shares HSBC had before all the selling happened recenntly. We may in fact be over or almost over with the selling frenzy.