Urthecast Corp T.UR

RE:RE:Looks like another contract win for Urthecast!

[goldspeculator1]

Evidently didn't pass the threshold they deemed material.

Just in response to aushucks comments beforehand.  

I take it as a positive.  Adam Vore converted for whatever reason and didn't want to hold the stock and Sai bought it so the net result is an insider purchased about 100k CAD at 22 cents and anytime an insider acquires that is good news to me.

Personally I would like to see management taking advantage of current pricing but again like I have said before these guys all come from bigger companies and work for their options as upside.  Historically we have rarely if ever seen a management member buy in the open market with this company and I don't really see that changing.

Will be curious if we see another Urthedaily contract signed this month.

As we saw from the SP movement yesterday it doesn't take a whole lot of buying to get it moving.  Get enough catalysts in a row and we should see some significant movement.  Remember as part of the financing there was a 1/2 warrant at 48 cents.  If you get significant traction and personally I can't remember if there is a share price trigger that would be an additional injection of 12.5M to boost cash reserves.

Best of luck