RE:RE:Small Insider buy from Sean ... Really not much but OKFor sure it's a positive signal, even if marginal in volume. What is not marginal is the work Sean and Paul are doing to advance as fast as possible on Silicon Ridge.
As announced early In July, the Stripping (...) has now begun on the Ridge. Exposing the quartzite on the first area to be quarried (in the event of a production decision) is key to production this year. Permiting process is a really painful waiting , but once (conditional) we get the permits, things will move very fast.
I think everyone following any mining company can understand why any management want to keep it low profile until you get the permits. Once you are allowed to mine, you can openly promote and disclose all conditional agreements you have (conditional to permitting).
Silion Ridge future (potential) cash flows will be the leverage for a wide selections of opportunities out there in the market.
ARIMA11 wrote: Thanks for that Teclis. The last time it was some sort of signal. Not sure if you remember but I was complanining about how low it was! - I believe that was the April 21 purchase.
2017-04-21 | 2017-04-21 | $RRS Rogue Resources Inc. | Samson, Sean Joseph Foley 4 - Director of Issuer | 10 - Acquisition or disposition in the public market | +500 | 0.4500 | 72,500 |
Then on April 27th that announcement came.
https://ceo.ca/@marketwired/rogues-public-consultation-process-completed-on-silicon
This time he bought double the amount. More good news are possibly on the way.
The last occassion might be a coincidence, but let's see what happens,
Teclis wrote: Jul 19, 2017 (filed on Jul 21, 2017)
Insider Name:
Samson, Sean Joseph Foley
Ownership Type:
Direct Ownership
Securities:
Common Shares
Nature of Transaction:
10 - Acquisition or disposition in the public market
# or value acquired/disposed of:
1,000