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Message: hmm...royce and associates owns 10+ million shares

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hmm...royce and associates owns 10+ million shares

posted on Jan 20, 12 08:07PM

10,378,025 according to the sec filing, or 12.87% of the company. i would not speculate as to whether this is a prelude to a takeover bid. royce is a mutual fund and they may simply think silver standard is a good investment with the stock at its depressed level. still, one company owning nearly 13% of the shares seems unusual to me. time will tell.

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