North American Tungsten Corporation Ltd NATUF

RE: RE: RE: RE: Insider

[ruminating]

The 400,000+ likely represents the insider open market purchases by Kevin Douglas on behalf of the Douglas family trust and the grant of options exercisable at
.42 issued to the officers/director in reward for recent performance (achieving production and profitability goals). 

Douglas FT is an insider by virtue of having a large (I believe > %5 equity stake). What is more significant is that NTC's shareholder meeting is happening at the end of the month. Only shareholders of record are eligible to attend and vote on matters under consideration. For most "investor" their shares are held through brokerage accounts. K Douglas is a full shareholder, and although not on the Board, he would be, or at least should be, fully informed of operational developments and the deliberations of the board. The most significant of the latter considerations is the strategic initiatives surrounding Mactung and strategic development plans for that and of NTC operations in the future. Already holding millions of shares of NTC, having officers granted the option to buy stock at
.42 cents (Douglas FP hold warrants from the last PP excerciseable at
.75, I believe) the fact that the Douglas FT is pumping more money into NTC vs diversifying into other equitys, may lead to one to conclude Mr. Douglas is optimistic about the stock price rising well above
.42 and being not overly concerned about the stock option/warrant dilutions. 

Anyone out there want to sell some more at sub
.42 ?       :)