Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Nevada Geothermal Power Inc V.NGP



TSXV:NGP - Post by User

Bullboard Posts
Comment by Sailortonyon Sep 11, 2010 12:50pm
474 Views
Post# 17437352

RE: RE: Latest placement.

RE: RE: Latest placement.

"The private placement seemed to be a remarkable deal."

Remarkable, yes, but probably illegal and certainly unethical.

This is a clear case of using insider info. to pocket a huge profit to the insiders and their friends including the government agency that arranged the loan.

The "proper" way to make these announcements was to announce the loan, wait a few weeks to allow the sp to go up, then announce the pp to the benefit of all.

Bullboard Posts