Excuses excusesI have not posted before, but have owned CEV since .47. When I see insiders selling it makes me nervous. They bought 600K or $600K worth of stock and ran the stock up, then get $10 mil in financing. Not a bad trade off, next will we see some warrants for 600K of stock in near future???
I had this experience with EAS. Was in at $3 went $8 over the next year, sold at 6.75 and it went to .60 and is now around $1. Management sold lots at $8 walked away millionaries and now they are no longer management. It has a 3 million ounces deposit and Sprott bought 2 million share at $7.50 and the Coffin bros were professing maybe 20 30 mil ounces and these guys have a lot more info than we do. So the bottom line is I do not trust anyone in this market anymore. You have to look at the whole picture, the world economy, the shipping situation, the demand, is there a need right now for all this Iron ore etc etc. I hope all is well, but...