Re: Mr. Hoel needs more money
in response to
by
posted on
May 07, 2010 11:45AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
It appears Mr. Hoel wants 'out'. He's got about 2 more kicks at the can before he has achieved his goal. I must say I am surprised that our SP has treaded back to 19ish. I can imagine that there would be little buyers as most are comfortably in the PP, but at this stage of the game I don't know where the sellers are coming from. Frank and Mr. Hoel are not in a highly amicable situation, so I am not so sure that Hoel is aware of the intimate details of what the crew is doing. With that said, when someone like this sells you have to question the motive. And for the record, he hasn't timed is selling all too well in the past...looks like Frank has though! Latest Filings Over the Past 12 Months - Maximum 60 - Information that has been adjusted or estimated by INK - Amended filing Transaction Shares/ Account Date Insider Name Ownership Type Nature of Transaction Security Price ($) Units Change* Account Balance Apr 28/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.200 -25,000 -32% 52,600 Apr 21/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.180 -25,000 -24% 77,600 Apr 20/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.185 -28,500 -22% 102,600 Apr 16/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.200 -5,500 -4% 131,100 Apr 15/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.205 -6,000 -4% 136,600 Apr 06/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.210 -26,900 -16% 142,600 Mar 25/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.215 -25,000 -13% 169,500 Mar 15/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.255 -25,000 -11% 194,500 Mar 03/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.265 -25,000 -10% 219,500 Feb 22/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.270 -7,500 -3% 244,500 Jan 20/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.190 - 0.195 -50,000 -17% 252,000 Jan 14/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.195 -25,000 -8% 302,000 Jan 13/10 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.195 -5,500 -2% 327,000 Dec 21/09 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.195 -37,778 -10% 332,500 Dec 17/09 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.160 -40,000 -10% 370,278 Nov 19/09 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.120 -40,000 -9% 410,278 Nov 18/09 Hoel, Louis P Direct Ownership Public market sale Common Shares 0.120 -13,500 -3% 450,278 Oct 20/09 Candido, Francesco Indirect Ownership Public market buy Common Shares 0.085 20,000 4% 499,500 Oct 15/09 Candido, Francesco Indirect Ownership Public market buy Common Shares 0.070 16,000 3% 479,500 Oct 08/09 Candido, Francesco Indirect Ownership Public market buy Common Shares 0.075 50,000 12% 463,500 Sep 21/09 Boilard, Dany Direct Ownership Public market buy Common Shares 0.050 23,000 15% 173,000 Sep 18/09 Boilard, Dany Direct Ownership Public market buy Common Shares 0.050 85,000 > 100% 150,000 Sep 17/09 Candido, Francesco Indirect Ownership Public market buy Common Shares 0.050 16,500 4% 413,500 Sep 10/09 Boilard, Dany Direct Ownership Opening report Common Shares 0.000 0 0% 65,000 All data based on insider regulatory filings which are subject to input errors. * Indicates percentage change of shares or units for the account in which the security is held. Many insiders have more than one account and the balance for each is calculated separately. See Holdings Summary for balances across all ownership types as reported in SEDI. See important disclaimer at the bottom of the last page. www.inkresearch.