PIROA

When I took over my stocks that were managed by Citibank, they were large parcels. Hence, they were within my largest top 12 largest stocks. AGO, which took over GIR, was the only parcel to make it into the upper top 12 and two others made it into that list. However, over the last 2 years, things have moved.

AZH and GOR have moved up into that band, and today, for the first time, one of those original big parcels have been displaced by PIROA. STO is stagnant so it got displaced into number 13.

PIROA is discovering more gold in West Africa but more importantly, a shareholder with a deeper pocket is moving into its share registry. When others are interested, the share price often jumps.