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Silk Energy Ltd SLKEF

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Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the Republic of Kazakhstan.


GREY:SLKEF - Post by User

Silk Energy Ltd
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Comment by millrighton Feb 07, 2008 12:25am
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Post# 14330445

RE: Why is he selling?

RE: Why is he selling?Could it be that he's selling because he's an insider, and knows that there's nothing much on the horizon? Don't sell the guy short - all his trades look pretty good, given the current price. One guy that clearly outshines him? The CEO that dumped 200,000 shares near the all time high, the same week he was on radio and TV saying what a good buy ISM was. That's around the time that wailer jumped on the band wagon and became a serious cheerleader.
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Dealroom for high-potential pre-IPO opportunities