I think we will need to wait until Aug-Sept before we get much movement in the jrs. Then we'll have to go through the tax loss selling.

Well said rookieprospecter. I still think our time is coming. In the last gold bull market the shares didn't do well until late 1979.

It seems strange to buy such small amounts of stock, when he already owns 11% of the company.

I've been wondering why he's been buying shares on the open market as well. Guess he sees something he likes.

Looks like MF Global used a legal loophole. Near the end of the article there are some Canadian Banks listed that have done the same thing.

http://newsandinsight.thomsonreuters.com/Securities/Insight/2011/12_-_December/MF_Global_and_the_great_Wall_St_re-hypothecation_scandal/

Here is an interesting article, it seems what MF Global did could be legal.

http://newsandinsight.thomsonreuters.com/Securities/Insight/2011/12_-_December/MF_Global_and_the_great_Wall_St_re-hypothecation_scandal/