RE: re: PTA and Front Street CapitalYeah...Front St has been taking profits on their common shares...and who wouldn't when you have a ton of shares that are up.....it's the prudent ...and SMART thing to do. Since mid November they have sold approx 6 million shares...but continue to hold over 23 million shares! In addition theu also have a ton of warrants!!! Sept they sold some shares and bought 31,500,000 warrants...see below. So...there you go witek....guess seeing is believeing...
Sep 07/10 Front Street Investment ManagemeControl or Direction Prospectus exempt buy Warrants 0.750 - 1.250 31,500,000 n/a 31,500,000
And while we're on PTA insider activity topic.... note the 12 month PTA Officer and Director insider activity below. You'll note PTA officers and directors have bought a total of $285,230 on open mkt...and sold only $28,750...for net buying of $256,480 in past 12 months.
See relax folks...this is not ALE here...nothing dodgy going on here...just the opposite...insiders are buying!!!
PTA
One Year Public Market Bias
Company Officers and Directors
Buying Selling
CEO $92,495 None
CFO $15,630 None
OFFICER $177,105 -$28,750
DIRECTOR None None
Total $285,230 -$28,750
Net Buying $256,480