OTCPK:AETLF - Post by User
Comment by
yesoilerson Dec 23, 2008 12:05pm
1105 Views
Post# 15663899
RE: Insider Buying
RE: Insider Buying2.3MM shares to date by Tony, I like to see that. Would like to see the rest of management buying more though. The US investor/board member appears patient, also a good sign. What gets lost on this story is the sizable hedges they have in place (see Q3) although they are unwinding some of them but doing so at a big gain. These guys will survive unlike some other juniors and one or two acquisitions in a down market would be timely late in 2009. Problem is financing that or issuing more stock. If stock used they had better do a consolidation, 106MM too many shares already.