Canada Nickel Company Inc V.CNC

Selby buys 50k

[EndZonefor7]

There ya go whiners. 2022-09-30 07:39 2022-09-30 $CNC Selby, Mark Thomas Henry 4 - Director of Issuer, 5 - Senior Officer of Issuer Direct Ownership Common Shares 10 - Acquisition or disposition in the public market $76,000 +50,000 vol $1.52 each 2,922,643

[GnuckyT]

Oh man.... post after post saying how Selby wasn't buying because there was material news pending. So much for that!

[apapas1973]

Doesn't matter Gnucky. It still shows he believes in the company.

[rockstar]

I agree Apapas 1973!  Not to many CEO's out there that purchase shares of their company these days.  This show confidence!

[EndZonefor7]

FYI... "One of the greatest investors of all time, Peter Lynch, was noted as saying that "insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."

[GnuckyT]

CEOs were buying stocks well into crashes.  Check out the Nortel and Blackberry buys before their demise.

[EndZonefor7]

Those pathetic trolls praying for the demise of CNC is pretty sick in itself. Their short isn't working out and are in panic post mode now. I've said before I don't see a deal til after the feasibility so the insider buying is more than representative that Mark believes things are chugging along nicely and he waited til after the massive news of the Reid discovery AKA Crawford 2.0 to

[GnuckyT]

What's sick and disgusting is that since this was at 4.01 penny by penny day by day this kept dropping and at every new low this dropped by a penny 283 times! to reach its newest low.  At each of these 283 penny drops a new unconfirmed story or quote was communicated by the same questionable bunch.  "Mark is talking to strategic and this would demonstrate we have more than moose

[EndZonefor7]

As per the Auramet loan, Mark brought up the fact I was going to mention the other day is the loan versus a typical PP with warrants, broker skimming at discounts, plus finder fees etc thus putting a wall on 4 month holds would be as expensive if not more. He sounds very confident a deal will be done by into the new year post feasibility and the loan is short term like last time.