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Bullboard - Stock Discussion Forum Vizsla Silver Corp V.VZLA

Alternate Symbol(s):  VZLA

Vizsla Silver Corp. is a Canada-based company. The Company's principal business activity is the exploration of mineral properties. The Company is engaged in operating Panuco silver-gold project, which is a high-grade discovery located in southern Sinaloa, Mexico, near the city of Mazatlan. The project's mineralization occurs as silver sulphides, including argentite and acanthite, native gold... see more

TSXV:VZLA - Post Discussion

Vizsla Silver Corp > Insider sells
View:
Post by marketmover1 on Feb 22, 2021 3:45pm

Insider sells

Traders say that insider sells doesn't affect a SP that much. I digress. VZLA is a case in point, not so much Konnerts diposition, though noticeable, but Funks 2 million $ sale at 1.60 effectively put a new resistance point on the share price(IMHO). Previously resistance was at 1.80$ and that is where we should be now with Silver being north of 28$. Now more then ever the drill bits need to produce before the SP regains traction. 


GLTA
MM1

Comment by Goaweigh on Feb 22, 2021 11:27pm
So if Funk hadn't sold would we go up if we pulled dusters ? Ultimately the drill bit is the only thing worth shite. The ore body doesn't have the foggiest idea what the twits up top are doing. 7 drill bits are currently turning so that is definately in our favour and the stock is showing a bit of life too...finally !
Comment by cressco on Feb 23, 2021 11:48am
The negative perception around insiders selling can linger, however Coffin is adamant this was done in an off market cross. I have no clue to what extent this impacts the ta since it wasn't sold into open mkt buying/bid pressures. Regardless, we move on, the project continues to be top notch, and seven rigs going should do all the talking this mkt needs to hear. Glta
Comment by Goaweigh on Feb 23, 2021 6:51pm
When I was first alerted to the insiders exercising their options I couldn't find the corresponding sales, there simply wasn't the volume so I thought maybe they held onto the stock but exercising comes with a large future tax liability so not selling could be suicidal. Then we heard that they crossed out the stock or did a private off market transaction, which is interesting because it ...more  
Comment by cressco on Feb 23, 2021 6:56pm
I agree. The problem is the optics of masses but that too shall pass. Let them rigs tell the story. Glta
Comment by marketmover1 on Feb 23, 2021 8:41pm
I believe insiders have 5 business days to report a sale which is why you couldn't find a corresponding sale. 
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