There's been some larger share purchases again today through National Bank. Over the past couple of months that house has been purchasing large volumes of Helio at $0.32.

Past institutional holdings have shown that Craton Funds have been the only institution to increase their holdings since October 3 . See the following posts over on Stockhouse.

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30257074&l=0&r=0&s=HRC&t=LIST

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30378483&l=0&r=0&s=HRC&t=LIST

http://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=HRC&t=LIST&m=30379736&l=0&pd=2&r=0

So it would appear to me that Craton is buying again today ?

With the recent financing from the International Finance Company, there does appear to be significant support from the intstitutions in hHelio Resources. Judging from yesterday's drill results from the Damara Project in Namibia, I htink the company may have enough data in hand to have a reasonable idea about the potential size of a resource with 6 months. As they said in the news release, infill drilling will be required, but now that they have the delayed results back from the lab, they should be able to target any further drilling much better. Gold Kop is looking for interesting as a second large deposit for Helio. The extra $1.7 million cash injection from IFC should take Helio through all the expenses of the upgraded 43-101 for the SMP project in Tanzania as well as their planned Preliminary Economic Analysis scheduled for first half of 2012. I'm interested in seeing what impact the Chura zone of the SMP will have on resource calculations.

More drill results from Tanzania due shortly, according to the interview with Richard Williams by Jay Taylor a couple weeks ago