Orezone Gold Corp T.ORE

Orezone: when the vp exploration is an insider buying more

[mrsly0]

Jul 8/20 Marquis, Pascal Direct Ownership Option exercise Common Shares 0.850 150,000 7.0% 2,284,707

he knows more than you and me... remember there're more gold from the recent drilling and studies on the property that will be added at one point...

good luck

[Atheena]

This is a beautiful thing.  The chart is nice too.  Lot's of things happenning at the same time that are positive.   1.Gold up 2. Insider buying (non stop and for a long time now) 3. Industry consolidation (Semafo gets bought out by Endeavour...all in the same country too!) We are in a very bullish time for Orezone.  My take is that we'll see the stock price move

[NeverDone]

I am bit surprised.  There is consistent insider selling by Sun Valley Gold for weeks now. https://www.canadianinsider.com/company?ticker=ORE Sun Valley Gold sold since June 30th, 2020 around 860k of shares in the 0.80 ies. Why should they sell?? 

[mrsly0]

they are not an insider really but need to report since they had over 10% (now just below) of the company shares. they have 25 millions shares left (24,999,824) and if I remember correctly being part of the last financing round also have a bunch of options not sold. by selling some shares they save the time money and legal filing each move they make... read the sedi filing having now just below

[NeverDone]

Thanks for your input. Yes, maybe they want to sell down a bit and allocate the proceeds to other gold stocks. But still, I hope they will not sell down a lot more. Consistent offloading will hurt the share price and hindering from breaking out....If I would be Sun Valley Gold and would know that a take over is near, I would not sell any share. I personally believe that the most likely outcome is