RE: Gentlemen The Institutions Have Arrived7 May 2020 12:18
I don’t see institutions will arriving , and I don’t count the likes of PRIM as one, unless GGP became a miner. Why?
because they look for long term returns and even then in the case of GGP would be after the MRE, which is when a shed load of PIs would cash in all or part of their holdings.
At that point the sell volume would be tremendous, no matter how good the results the MMs will price in the cost and risk of holding so much stock.
Institutions would bide their time inbetween MRE and start of production, assuming GGP were to become a miner which I doubt.