NORDGOLD INSIDER "LIPSTICK ON A PIG"What you need to realize is, these folks are not buying from the retail market, no sir, they get their shares from the source. Trouble is, I cannot find any Dutch disclosure to indicate how much they paid, or gave (wooden shoes and tulip bulbs). Looks like Mordy pockets the cash and voila! No disclosure, yet these PUKES want to sucker HRG shareholders into accepting NORD shares. So, to you Mr "Bomber" Baum, CASH but no BULL!
BTW NORD has had 2 trades to today for a total of 140 shares. WOW now that is a vote of confidence!!
CJ
Nordgold director picks up GDRs
8 October 2012 | 13:48pm
StockMarketWire.com - Nord Gold N.V. [
LON:NORD], an independent pure-play gold producer focused on emerging markets, announces that in accordance with chapter 5.3 of the Dutch Act on Financial Supervision, it was notified on October, 8, that Mr. Philip Baum, Chairman of Nordgold, has acquired 90,000 GDRs (0.03% of the total issued share capital) in the Company at an average price of US$4.60 per GDR.
Nordgold's total issued share capital is 358,794,180 shares. In January 2012, Nordgold commenced trading as an independent public company via listing of GDRs on the London Stock Exchange representing approximately 10.6% of the Company's share capital.
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