FOCUS VENTURES LTD. V.FCV

Insider buying

[nomomoney24]

Looking at Canadian insider Simon bought 34,0000 yesterday Oct 19 at .14-.145 Things one can do when you a have an endless pit of money. nomo

[wayned]

   Does Simon Ridgeway have a lot of money ?

[nomomoney24]

Yes he is a mining financer.

[wayned]

Well he doesn`t appear to be afraid to put lots of his own money into FCV .

[wayned]

It`s rare to see an insider buying on the open market in a resource junior . I think it would be unheard of for one to be buying while he could be in a PP at a lower price with the bonus of a warrant . He must have a huge amount of faith in this project . I can`t see any other angle that would be to his advantage . These insiders hold so many shares now they could never dispose of them to the

[wannabeinvestor]

Since he is invested in this, it's in his interest to reduce the overhang and make sure the placing actually happens.

[wayned]

I think because the placement is non-brokered it was already sold at inception so that doesn`t explain the buying . Mario has bought in the millions over the last few years . Pretty well since they got into phosphates . Can`t help with the other phosphate projects . I think there has been little work done on them while all resources go to the main event . They also have a nice copper project with