PINL:VLTAF - Post by User
Comment by
ALLEN4on Jun 18, 2013 8:12am
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Post# 21536377
RE: Insider Bought more
RE: Insider Bought more Kevin Bullock bought a 5,000 share lot this past March at 39 cents per share. You can now buy that same 5,000 share lot for half the price he bought it at. $1,000 will get you those five thousand shares. When we were at $1.50 per share, 5,000 shares would have cost you $7,500 Its very hard to resist loading up right now given that sentiment is at an all time low for the sector and it would seem that sentiment has nowhere to go but up, and given that we have a BFS around the corner which I expect to open up some financing options, and maybe some positive developments with sale of Gaoua on the way. I think I will be buying a few seeds to plant on the basis that I may have to be patient for longer than I would like to reap the benefits. Also, anyone who had felt that the "market" is giving us some guidance about the proper valuation of VTR shares must have given up on that notion by now. The selling seems to be occuring based on a "get me out at whatever price" basis. To me that is reassuring. Right now no-one has any interest in owning a micro cap gold mine developer in West Africa, and thus the shares are literally being given away.