Has Paul Let Me Down? This is the complete opposite of skin in the game. Right when insiders should be buying to gain investor confidence, Paul has turned around a dumped a few shares. Does not sit well. Explanation?
May 21, 2024 (filed on May 24, 2024)
Insider Name:West-Sells, Paul George
Ownership Type:Direct Ownership
Securities:Common Shares
Nature of Transaction:10 - Acquisition or disposition in the public market
# or value acquired/disposed of:-125,000
Price:$2.09
In the last few months, I have lost a bit on WRN. Still, well in the green with WRN, but the gap is closing. In the past three months or so, I have nearly trippled my value on Adventus/Silvercorp shares. This does not reflect well on WRN, right when other Copper, Gold, and Silver miners are shooting. Trying to make sense of it all. Trying to remain loyal. But it has never been harder. IF I sold off all my WRN shares a few months ago and put into Adventus/Silvercorp shares, I would have made a killing.
Now, Adventus/Silvercorp gains are almost cancelled out by WRN losses. Trying hard to believe. The only concellation is that I had common sense to put into Adventus/Silvercorp (extra powder I had kicking around).
I was caught up in the euphoria of Sandeep coming on board. Now, I see this as a see-saw position for another two, three, or four years. I have waited 16 years and never sold one share. Only accumulated. Goal posts keep getting moved. Passing up opportunities. How do others see recent developments? I like Sandeep. But I personally think this will be a long wait. I'm tired.