TSXV:NORA.H - Post by User
Comment by
flymaron Sep 11, 2011 10:17am
391 Views
Post# 19030415
RE: new to this board !!!!
RE: new to this board !!!!
Welcome to this board - I guess. You have nothing much positive to say and when I did a little DD on you this seems to be your mode.
About insiders selling. Yes they do as they have to buy their options. Anyway most mining companies especially those not in production sell shares. Jim Sinclair who is considered a seer in the mining industry sells shares in his company on a regular basis. With the Can. tax system you have to space out your sales so anything that is sold must have the Rev. Can. tax of 34% built into it.
The negative comments on this board have caused two solid holders to sell a good portion of their shares based on this kind of comment in a week when all commodity shares are red.
There is a timeline on this stock which was well presented in this latest presentation so if people can't wait until April 2012 then go ahead and sell. In the life of a mining stock this is a very short timeline.
BTW thanks Milly for the recent Presentation. That's the kind of input we need.
Let us not let a newcomer who makes one comment on a stock and then jumps ship dictate our trades.
flymar