Building Wealth Through Acquisitions & Discoveries in South America

Building shareholder value through the acquisition of major scale, base and precious metal projects in prolific and established mineral provinces in Latin America

Free
Message: Selling for very little

Re: What do you think thats all about?

I honestly don't know what to think. It is 1.26 million shares that he sold and only received $6,300. It would have been worth about $400,000 a little more than a year ago. Perhaps it was for tax loss reasons and he will buy them back after the 30 day waiting period. I just hate to see that many shares sold by an insider, but I don't know how many he owns. Perhaps this is just a small amount of his total. What a difference a year makes. I'm down 95% and could average down an awful lot at the current price without laying out too much cash but I just don't have much confidence right now for mining companies outside of Canada. Hopefully things will turn around for us and maybe I'll buy more on an upswing. Good luck.

Share
New Message
Please login to post a reply