Virginia Mines Inc VGMNF

stupid or wot

[20/20/12]

Virginia Mines Inc. (VGQ) has the following new filing(s) recently:

ARCHER, PAUL (Vice President - Exploration and Acquisitions)

SEDI Insider Relationship:
     5 - Senior Officer of Issuer

Disposed 4,500 Common Shares (Direct Ownership) between the prices of $12.490 and $12.650 through the public market between January 10th, 2014 and January 13th, 2014 (Holdings Change* of -4.5%)
 

Insider transaction information sourced from SEDI®

[netgenx]

I'm not sure why you find these trades "stupid". These guys have a very significant percentage of their net worth tied up here and do need to pay for mundane things like food, rent, & school for their kids! Keep in mind that there are a limited number of "open" days when they can dispose of shares.

[20/20/12]

thanks for the feedback - but my "pity" for the poor folks on the "inside" has not been aroused. If their dependent on "this" money to pay the rent then I might suggest moonlighting at Walmart.