Welcome To The Rye Patch Gold Corp HUB On AGORACOM

Rye Patch Gold Corp. is a Tier 1, well-funded junior mining company led by a seasoned management team that has participated in major discoveries totaling over 100-million ounces of gold.

Free
Message: Insider trading

Insider trading

posted on Jul 27, 2009 03:07AM

I smell a rat. This Placement is so terrible I can only assume insiders in the company purposely did it to lower the stock price so they could buy more shares or they are getting a kickback from the broker.

15 cent shares and warrants on a stock that so recently traded at 27 cents is is my mind just criminal it can't be explained away by the market or ignorance.

If you are like minded I urge you to email them as I did and let your opinion be known to them.

I will be watching the insider trading and hope to get a regulatory agency to investigate the broker of this disaster of a placement. By making the warrants 20 cents for a year they have limited the stock 7 cents below what it recently traded at.

Share
New Message
Please login to post a reply