RE: RE: RE: insider sales Shashank, it was stated last fall during a conference that if the SP did not reflect the FD NAV soon a liquidation would take place of a portion of the inventory. Also , in the release on nJan 16/12 it stated the following.
Dacha will continue to seek strategic opportunities for moving its inventory during this quarter with a view to ensuring its net asset value is reflective of the value of the Company's holdings.
Dacha's inventory, including market value is updated weekly every Monday morning and posted to the "Inventory" tab of its website at www.dachametals.com. Dacha encourages its shareholders and all other interested parties to visit its website regularly and to monitor the ongoing appreciation of its physical inventory of Rare Earth Elements.
I respect the fact they have made the call on the HREE market but now show us the money, we should have sold inventory in the fall when the NAV was much higher. I personally will not be invested in the company after we see the SP increase to reflect the FD NAV as i have lost faith in management. This is an easy play on the HREE space only if they liquidate.
On another note, we still have not recieved an updated inventory this week. Whats up with that.
GLTA
Saltchuk