TSXV:NORA.H - Post by User
Comment by
carterZ21on Sep 01, 2012 12:07pm
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Post# 20290800
RE: RE: RE: RE: More Cope Selling
RE: RE: RE: RE: More Cope Selling Hi evenpar,
I couldn't agree more with the "very positive" comment. The ultimate testament to believing in a conpany's prospects is when insiders anty up in purchasing more stock either through the exercise of options or otherwise. As much as we are all disappointed with delays in news releases, etc...these moves by insiders, on a weighted basis, are much more positive indicators than the delays are negative IMHO. We must remember that the insiders are more aware of the company's prospects than we are despite the fact that they are yet to be in a position to make a material release, and with that knowledge, they aren't unloading large blocks of stock.
I'm truly hoping that we continue to see the uptrend in the stock before the release. It tempers the concern over the delays as when the news comes out (assuming it is positive), the shares will surge from the higher levels and get us firmly back in the $2.00 range. It is from that point that mangement and us shareholders will have much more leverage in negotiating a better takeout price.
GLTA longs,
Carter