RE:RE:No TipoffGlobal1966 wrote: If you think ES doesn't know what's going on, it's you who needs to understand placement documents
So you're saying that ES knew that there was a problem with the assays and went ahead with the deal. ES is smart so if he knew, he knew that the stock price would go down. Could be you're right. If so, then ES really does believe in the company and he'll probably buy more at these levels. Surprised we haven't seen any ES buying yet. The $50 million deal was out of the blue. Only 3% of the shares outstanding so the deal didn't have to be presented to shareholders. Management probably wouldn't have done the deal at this price level. If you were in management and thought the SP would double to $20 in the next year, would you have made this deal with ES? Interesting questions.