Profit taking, no more no less. With a 72 million holding,...

Profit taking, no more no less.

With a 72 million holding, they've liquidated the profit component and complied with their own investment guidelines. As to your reserves statement, thats quite funny.

NST is by any measure, the premiere domestic gold producer. When you have a large SH taking profits and fluctuations in your commodity price, you get downward pressure on the SP. A chimpanzee knows that....shaky...go look at the shale oil space.

Here's the clue. If Blackrock wanted to liquidate their holding it would be a staged exit as was this one, but if they thought circa $2.35-$2.40 was the exit signal, without doubt you'll see this level again when they next want to cash out. The last thing they're ever going to do is blow all their leverage on a mad rush to the back door, crash the SP and step on their d!ck in the process.

IMHO