Hi Thomas,
<<<<<<There are only 2 reasons why I'm interested in insider activity: first, because insiders have the best information; and second, because money talks.>>>>>>>>>
I agree. The insiders,officers & directors took down 2.7 million units at $2.00 each or $2.25 flowthrough each (fact). With warrants excersized, that private placement will have raised over $20 million bucks. For a junior, that's heavy money and that kind of money tells me lots. You can rest assured that if they didn't like the results that are coming in and didn't know that they have made a world class discovery, the financing wouldn't have got done, or have been as large, ar at as high a price(we are still in a post Bre-x market here) AND insiders would have taken little or none of it. It is obvious to me that these people are believers. When the list of private placement subscribers is made public, and the news release comes out, many people will be saying "it was obvious-why didn't I see it". Start getting a position now. This project looks like a slam dunk to me.
regards,
teevee |
