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+--- Thread: Holding Update (/showthread.php?tid=2790)
Holding Update - TxPm - 02-14-2013
Just in:
Capital Research through Dec 31st kept their holdings steady at 5,718,245 shares or 11.87% of the shares BUT
Wells Fargo through Dec 31st increased their holdings to 6,590,591 or 13.57% of outstanding shares
This is HUGE news!
RE: Holding Update - Palm - 02-14-2013
Great news! Thanks Tx.
What today tells me is that things are moving smoothly and steadily ahead. The presentation confirmed several things which had been heard from different sources, and none of it is bad. Quite the opposite. These whales have been scrubbing their sources and they are holding and adding.
PNG has been doing all of the right things from the election forward to give assurances that PNG is the right place to invest. Bidders needed to see election results and actions afterward to show PNG is serious about righting the ship. That's being done. Bidders are on board as well as the government. Let's bring it home.