CGA Drops 11% On Profit Taking Closes @$2.75

CGA, B2Gold merger gets thumbs-up from Philippine gov't 2012-09-24 10:40 ET - News Release Also News Release (C-BTO) B2Gold Corp   Mr. Michael Carrick of CGA reports   B2GOLD & CGA PROPOSED MERGER: "IT'S A VOTE OF CONFIDENCE IN THE PHILIPPINES" - PHILIPPINE GOVERNMENT   In an interview, the Philippine government's Director of Mines and Geosciences Bureau, Leo Jasareno, said of the proposed merger of CGA Mining Ltd. and B2Gold Corp., "It's a vote of confidence in the Philippines." Mr. Jasareno went on to also confirm the recent successful renewal of the mineral processing permit for a further five years (the maximum period allowed under the relevant legislation) at the Masbate gold project, a further confirmation of the support for the project from the Philippine government. The renewal was successfully approved by the Secretary of the Department of Environment and Natural Resources following the issuance of executive order 79, which details the mining policy of the administration of President Benigno S.C. Aquino III.   Mr. Aquino is scheduled to visit Australia next month to promote further investment in the Philippines mining sector. We seek Safe Harbor.

BTO Dropped as well:

Brokers Buy and Sells show Anonymous as dumping shares as fast as they can
And who is Anonymous? Well it sure isn't you and every other retail trader/investor.
This is a pure dump by insiders, and brokers who wish to hide the fact

that they are exiting the stock as fast as possible.
 

House Positions for C:CGA from 20120924 to 20120924

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
9 BMO Nesbitt	795,401	2,298,472	2.89	187,126	537,425	2.872	608,275	-1,761,047
82 Stifel Nicholas	485,500	1,393,734	2.871	164,000	466,760	2.846	321,500	-926,974
2 RBC	608,350	1,773,537	2.915	386,601	1,107,098	2.864	221,749	-666,439
79 CIBC	1,848,841	5,247,607	2.838	1,638,917	4,671,605	2.85	209,924	-576,002
7 TD Sec	303,622	874,227	2.879	96,100	271,519	2.825	207,522	-602,708
80 National Bank	605,100	1,730,833	2.86	399,600	1,161,802	2.907	205,500	-569,031
19 Desjardins	431,799	1,237,731	2.866	228,175	648,953	2.844	203,624	-588,778
62 Haywood	190,000	535,700	2.819	61,792	182,092	2.947	128,208	-353,608
53 Morgan Stanley	121,400	345,694	2.848	50,400	142,826	2.834	71,000	-202,868
11 MacQuarie	153,000	438,752	2.868	100,000	290,000	2.90	53,000	-148,752
65 Goldman	48,000	141,621	2.95	600	1,794	2.99	47,400	-139,827
87 Beacon	100,000	298,000	2.98	59,400	170,099	2.864	40,600	-127,901
14 ITG	30,900	85,810	2.777	185	517	2.795	30,715	-85,293
81 HSBC	26,590	76,019	2.859	0			26,590	-76,019
124 Questrade	23,200	66,179	2.853	400	1,116	2.79	22,800	-65,063
85 Scotia	60,610	172,124	2.84	43,995	130,565	2.968	16,615	-41,559
59 PI	10,000	27,900	2.79	0			10,000	-27,900
123 Citigroup	8,718	25,650	2.942	0			8,718	-25,650
15 UBS	242,000	704,640	2.912	235,000	689,087	2.932	7,000	-15,553
102 Lakeshore	3,554	9,843	2.77	0			3,554	-9,843
46 Macquarie	2,000	5,860	2.93	0			2,000	-5,860
58 Qtrade	1,300	3,681	2.832	0			1,300	-3,681
13 Instinet	0			80	220	2.75	-80	220
57 Interactive	0			120	353	2.942	-120	353
101 Newedge	15,700	44,430	2.83	18,500	54,334	2.937	-2,800	9,904
36 Latimer	11,100	30,858	2.78	26,400	74,082	2.806	-15,300	43,224
39 Merrill Lynch	1,056,200	2,970,407	2.812	1,074,200	3,021,095	2.812	-18,000	50,688
72 Credit Suisse	86,900	241,475	2.779	114,900	340,176	2.961	-28,000	98,701
90 Barclays	0			44,700	127,847	2.86	-44,700	127,847
33 Canaccord	2,815,300	8,147,107	2.894	2,886,194	8,377,180	2.903	-70,894	230,073
89 Raymond James	304,100	880,067	2.894	406,400	1,174,317	2.89	-102,300	294,250
99 Jitney	764,600	2,213,567	2.895	1,392,700	4,014,333	2.882	-628,100	1,800,766
1 Anonymous	428,900	1,220,195	2.845	1,966,200	5,584,525	2.84	-1,537,300	4,364,330
TOTAL	11,582,685	33,241,720	2.87	11,582,685	33,241,720	2.87	0	0