Lumina Copper Corp LCPRF

LCC corporate presentation

[clinc853]

I have just read the  November presentation and saw that Ross Beaty now owns 22% of all shares.

In October it was 25% and in September 27%

This means that he has sold (0,05 x 45.000.000 =) 2.250.000 over the past two months.

But if I look at the volume over the past two months this would mean that he's the only one that is selling.

This makes no sense.

Does anyone have a reason for this???

Grtz

[MidasTouchez]

@clinc853 Probably dilution.

[krogh]

From 27% to 22% seems impossible. Dilutiion would require around 9 million new shares which would have raised more than $80 million. That has not happened between Septamber and November. So if the numbers are right, he must have been selling quite a lot. How certain are those numbers?

[Skibum2]

The last $'s came from a private placement and Lumina Capitol Corp. loan was repaid. Perhaps the 2.5million shares were part of RB's stash, and formed paymentfor him arranging the transaction.   Skibum2

[clinc853]

@ Krogh, I know the numbers are right. The September presentation said Ross Beaty owned 27%. The October presentation said he owned 25%. And now he owns 22%. This makes no sense because if you get moving averages, this means that the only one that's selling is, is Ross Beaty. Yesterday bought another 200. Now in this for 3,1K