GREY:CIMVF - Post by User
Post by
anthonyi1on May 20, 2008 9:00pm
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Post# 15091807
The Price of one half of one percent
The Price of one half of one percentSurprising to see that only one poster had the insight to mention this hypothesis.
The timeline supports this explanation above any other.
May 08 - Kirby sells 986000 shares for proceeds totaling $196407.5
May 12 - NR reports 2K-39 @ 2865 m - estimate is 2-3 weeks before drilling of primary target.
May 14 - NR reports CIVC has secured additional one half of one percent.
There was obviously a price attached to that additional .5% ...and we now know what that was.
According to the May 12 NR, it was simply too early for even an insider to have enough information to come to the conclusion that future results would be negative.
Quite simply ...all things being equal, the simplest explanation is the most likely.
A1