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San Lorenzo Gold Corp V.SLG.RT


Primary Symbol: V.SLG Alternate Symbol(s):  SNLGF

San Lorenzo Gold Corp. is a Canada-based company engaged in the business of exploring for and advancing mineral properties. The Company is focused on exploring for gold, copper, silver, and cobalt. The Company has three 100% owned properties in Chile: Salvadora, Nancagua and Punta Alta. The Salvadora property is being explored for large scale copper-gold porphyry targets and high-grade epithermal gold-silver-copper vein systems. The Salvadora Project consists of about 25 exploration concessions and nine exploitation concessions totaling 8,796 hectares (ha). Nancagua is a high grade mesothermal gold-silver prospect and has six linear kilometers (km) of veins. The Nancagua Property is located approximately 120 km south of Santiago, Chile. Punta Alta is an IOCG prospect with related disseminated and vein style high grade copper-gold-silver-cobalt mineralization. The Punta Alta property consists of seven exploration concessions totaling approximately 2,000 ha.


TSXV:SLG - Post by User

Bullboard Posts
Comment by Montrose2on Oct 02, 2010 11:38pm
514 Views
Post# 17522476

RE: RE: Insider selling

RE: RE: Insider sellingMany insiders hold truly significant positions.  With the kind of gains we have experienced over the last six weeks those positions can take a truly disproportionate amount of their overall portfolio.  Many of these people have money managers who have standing instructions not to let any particular issue go over X percentage of their portfolio.  When that happens there is a sell executed which is by virtue of standing instructions is distanced from the "insider" and thus avoids accusations of "insider advantage" trading.

Essentially what it means is "don't have all your eggs in one basket" and any prudent person would so the same.

Given the recent performance of this stock I don't think any of us are in a position to throw rocks at management.

Onward and Upward.
Bullboard Posts