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Bullboard - Stock Discussion Forum Robex Resources Inc V.RBX

Alternate Symbol(s):  RSRBF

Robex Resources Inc. is a Canada-based gold mining company. The Company owns two assets in the prospective Birimian Greenstone belt: the Nampala producing gold mine in Mali, and the Kiniero Gold Project in Guinea (Conakry). The Kiniero Gold Project is a 470 square kilometers (km2) package of mining licenses in the prolific Siguiri Basin, Guinea, and consists of the adjacent Kiniero (mining) and... see more

TSXV:RBX - Post Discussion

Robex Resources Inc > Insider selling..
View:
Post by studpuppy on Feb 16, 2021 9:26pm

Insider selling..

Weird timing...when we are expecting an update on Q4 or any other kind of news .....i mean anything would be great, the positive part is that the sp is moving north slowly but surely , but we need that catalyst news, somethings got to give ....soon!!

Filed 2021-02-16 20:25
 
Tx date 2021-02-16
$RBX
Robex Resources Inc.
Marti, Christian. A.
4 - Director of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market
$-34,478.40
-66,000 vol
$0.52 each
476,000

regards stud
Comment by ABDPhil on Feb 16, 2021 10:11pm
Mr. Marti exercised his options recently. This sale probably corresponds to the amount of tax he will have to pay. This tax is calculated on the difference between the price entered on the option and the value of the stock price on the day of the transaction.
Comment by studpuppy on Feb 16, 2021 10:19pm
He exercised his options in January 2021....he doesn't have to pay taxes till next year (correct me if im wrong) .... he has been the only one selling on the open market...someone's needs some dinero's 
Comment by ABDPhil on Feb 17, 2021 6:48am
Hi stud, I think that now, it's no longer our business ...; 0)  
Comment by bveilleu on Feb 17, 2021 8:37am
HI Stud, Just a guess. if you reviewed the last time Mr. Marti exercised some options, he sold shares afterwards to cover the amount. Looks like he used the same strategy. bveilleu Filed 2021-02-16 20:25   Tx date 2021-02-16 $RBX Robex Resources Inc. Marti, Christian. A. 4 - Director of Issuer Direct ...more  
Comment by ABDPhil on Feb 17, 2021 9:05am
Indeed Mr. Bveilleu, I was completely in the field with my tax stories.
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