Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Re: insider buying
9
May 01, 2014 09:43AM

"This must be a good sign when insiders are buying shares at 10 cents"

Remember, they are flow through shares. I am not exactly sure that I understand that system correctly. I think it means that company expenses are transferred to the individual investors that purchased the flow through shares. They are then allowed to claim those expenses against their personal income tax. So, after the tax deduction, the actual cost of those shares could possibly be more like .06.

Regardless, I like that they are doing the buying!!!

6
May 01, 2014 02:29PM
11
May 01, 2014 02:35PM
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