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Portex Minerals Inc STACF

Strategic Resources is a Canada based development company focused on vanadium, high purity iron & titanium, metals necessary for decarbonizing the global economy. The company¿s key projects are the construction ready BlackRock project in Quebec & the past producing Mustavaara mine in Finland. Strategic is working to secure a financing package to commence construction on the BlackRock project. Orion Mine Finance and Investissement Québec, both 41% shareholders of Strategic will form a key part of the planned financing package.


GREY:STACF - Post by User

Bullboard Posts
Comment by dwyomingon Nov 07, 2006 11:55am
199 Views
Post# 11632319

RE: candle and the buying/selling

RE: candle and the buying/sellingExactly right TG, The large blocks being sold off are likely being jettisoned to lock in and "realize" profits for the managers...their end-of-year bonus is likely tied to profits "booked" and their gains cannot be "realized on the books" unless the shares are sold. They'll take the money and do another PP in another little company and hope to have profits again for the next Christmas. The people pressing the sell button do not own the shares, they just manage them and are judged quarterly and annually.
Bullboard Posts