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Bullboard - Stock Discussion Forum SilverCrest Mines Inc SVLC

NYSEAM:SVLC - Post Discussion

SilverCrest Mines Inc > Insider Trading
View:
Post by intowin on Nov 30, 2011 10:18pm

Insider Trading

Now here is a vote of confidence.

TSX Venture Exchange

Company Name : SilverCrest Mines Inc. Last Updated: November 30, 2011
Date Symbol Insider
Buys
Volume
Insider
Sells
Volume
Insider
Buys
Value $
Insider
Sells
Value $
Insider
Buys
Transaction
Insider
Sells
Transaction
Currency
11/30/2011 SVL 926,600 2,500 1,984,060.00 5,550.00 101 2 CAD
Comment by scott on Dec 01, 2011 12:52pm
Wow, you gotta love that. The insider buying speaks for itself...thanks for sharing intowin!!! Thanks to you too Cap, you always provide an invaluable service to this board, can't thank you enough. Lastly, to answer your question skater, I attended the Hard Asset show in San Fran over the weekend. I was there on Sunday. Although I didn't get to see the presentation, I did have a ...more  
Comment by wordless on Dec 01, 2011 1:13pm
That insider buying isn't what you think it is... It's people exercising options in the cheap ( .70 to buy shares. See below. They may now sell into the market for an easy profits so there could be some selling presure from them. As of 11:59pm ET November 30th, 2011 Filing Date Transaction Date Insider ...more  
Comment by wordless on Dec 01, 2011 1:15pm
To exercise 150,000 .70 options is costs the insider $105,000.... Sometimes they take short term loans if they don't have the cash to pay the company, and then sell into the market for an easy profit and pay off the loan. If there is little selling, it would be a vote on confidence that we're going high... Kepp an eye on it https://www.canadianinsider.com/node/7?menu_tickersearch=svl
Comment by brit on Dec 01, 2011 1:20pm
  .....And our old crow Sanders continues his selling.  Where companies get some of their flaky Directors never ceases to amaze me.Brit
Comment by Skater on Dec 01, 2011 3:50pm
Thanks Scott.  Price held up reasonably well today considering yesterday's climb.  They've stated the 43-101 will be out before year end and given the holidays we should have that news out within the next few weeks - good to hear they are excited about it.Skater
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