RE: Salazar Cease Trade order folks.I only hope the fact that SRL sold cheap shares to "friends and family" means that they have sometime real. If not Freddy won't be having anyone over for Thanks Giving dinner. The 2009 issue may have been real at the time and it shows us who we are dealing with, but in the end I think they have something.
----------Original Message Posted 9/13/2010 5:33:09 AM----------
I have been critical of the management and still am. This is specially for the stinking way they did the latest PP giving a sweatheart gift to some of their likely friends and family at the same price as what longs have been holding for a year through all the drama around the uncertainties of exploration permitting; and this right after release of their best drill result so far.
That said there is nothing wrong with their seize trade order as we saw when the share price started rising ahead of that impressive drill result likely due to a leak. In fact more companies should use this option. As we know too frequently specially in regards to Venture stocks news (good or bad) is leaked to some shareholders with insider information unfarily harming other shareholders and reeking of incompetence or corruption.