GREY:ARGEF - Post by User
Comment by
canada7on Aug 30, 2010 2:48pm
245 Views
Post# 17396482
RE: shares
RE: shares
What you reported is very similar to what I can recall as I do not have access to all the files. I can go to SEDAR to find out, but it will take time.
According to William ONeil, you want to buy a stock with high insider holding. Thus, it is OK or even good if insiders keep a lion share of outstanding issues. They are restricted for 4 years (3+ years to go), and that was my main argument that they will not go along with Mineral Fields for a low ball buy out of RGX. They are in for the long haul.
As RGX is planning for production, but it is still trading like a small, low grade project with no current or historical drilling results.