Sonde Resources Corp

Exploration and production of oil and natural gas.

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Message: Re: insider buying

Oct 09, 2009 12:09PM

Oct 09, 2009 07:42PM

Oct 11, 2009 10:13AM

Thanks for the clarification. However, in my opinion, the late september rally was mainly due to the long anticipated emergence of CSEI from bankruptcy protection. The recent pullback occured after tsx deferred their decision to delist the company or not. I don't think that news should have push the price down this far (perhaps over sold profit taking). I haven't done very extensive research but the major problem I can see is that the company is missing a CEO. At this point I believe we're dealing with formalities and whoever bought at 1.19 has nothing to worry about.

Your thoughts

D rock

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