RE: Insiders today, yesterday, and the day beforeAttached please find link to canadian insider>>
https://www.canadianinsider.com/node/7?ticker=GCU
Yes Geospot the canadian insider confirms the TMX insider info.
Sheldon and Pinetree Capital each bought 35,000 shares of GCU last Friday and a further 10,000
each on Monday the 4th.. Yesterday's Buying will probably be filed today and show up on tomorrow's
report.
The insider report also shows that Sheldon and Pinetree each exercised 531,250 warrants @ 42
cents. These warrants are part of the 1,765,627 warrants expiring on June 17th/12. Since Sheldon
and Pinetree each exercised 531,250 warrants, this leaves 703,127 warrants in other hands. I assume
these warrants are from a private placement a couple years ago. The proceeds that GCU will
receive from these warrants that are being exercised this month @ 42 cents total $741,563. and are
part to the total of $8.22 mil that GCU will receive from the exercise of warrants and options over
the next 5 months,ending Oct 29th.
It is also interesting to note that Sheldon sold 2.0 mil of his own shares in Pinetree Capital a
couple weeks ago for approx $1.85 mil proceeds. Since then Sheldon has invested approximately
25% of these proceeds in GCU by the exercise of warrants(cost-$223,125) and in buying in excess
of 100,000 more shares of GCU in the last 10 days or so.
GLTA Long GCU