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Bullboard - Stock Discussion Forum Gold Canyon Resources Inc V.GCU

TSXV:GCU - Post Discussion

Gold Canyon Resources Inc > CAN'T DECIDE ??
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Post by 20/20/12 on Sep 22, 2012 1:35am

CAN'T DECIDE ??

Top 10 Stocks By Net Sells Value

Symbol

Company Name

Insider Buys Value $

Insider Sells Value $

Net Sells Value $

 

 

GCU

Gold Canyon Resources Inc.

1,440,000.00

2,157,768.00

717,768.00

Comment by Goldblack on Sep 22, 2012 7:56am
the canadian insider link below explains 1,44 mil of the insider trade value. link below..>>>https://www.canadianinsider.com/node/7?ticker=GCU There are employee options expiring on October 12th totaling 1.45 million. Yesterday Schmitz & Levinson each exercised 400,000 options @ $1.00 for a total of 800,000 shares. They then each sold their shares aquired into freindly hands(800,000 ...more  
Comment by cqfd on Sep 22, 2012 10:01am
It's exactly what's happening goldblack... Cheers CQFDhttps://canadianinsider.com/node/7?ticker=GCU As of 11:59pm ET September 21st, 2012 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or ...more  
Comment by diabase1 on Sep 22, 2012 3:26pm
Sheldon is buying and the real insiders are selling!! You'd have thought that the insiders would have waited until the stock went to $3.00, or maybe they don't think it will. I know they have many other shares (if not millions), but this doesn't bode well for investor confidence. I'm sure they don't REALLY need the money. Also, I thought GCU was looking for a new CEO!! What ...more  
Comment by catsafterme on Sep 22, 2012 3:59pm
if they're gonna sell it, why bother hiring a CEO.  And who would want to be CEO if its getting sold soon?  I would ask yourselfto consider that wen asking:  Why havent they hired a CEO?
Comment by godisgr81 on Sep 24, 2012 10:09am
CEO will be announced soon as the person is able to work here in Canada. Remember that there are red tapes with government if one isn't Canadian. Also, I have no problem with management selling their options as likely these guys had to borrow funds to exercise these options. They still have lots of skin in the game.  Furthermore, the other side of this transaction is that someone is ...more  
Comment by diabase1 on Sep 25, 2012 3:43pm
Thanks for your response. However, I doubt being a non-Canadian is an issue. We're global now remember!! Also, I'm voting for Sheldon to be our next CEO. Pass it on!!
Comment by Geospot on Sep 25, 2012 10:35pm
godisgr81, for what it's worth I think you are spot on regarding all points.
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