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Gold Canyon Resources Inc V.GCU



TSXV:GCU - Post by User

Comment by boyonon Jan 15, 2013 7:14pm
319 Views
Post# 20842514

RE: RE: News....

RE: RE: News....

I don't see the options grant as the reason for the downward price movement. The price moved up in late September 2012 and options were granted at 1.64 on September 27th. Management appears to be taking advantage of a market opportunity in granting .86 options, in a sense averaging down the price but I don't think they are behind the price drop.

 

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