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NORTHQUEST LTD. V.NQ

Metals & Mining Industrial Metals & Minerals
"Northquest Ltd is engaged in the exploration of gold and other metals."


TSXV:NQ - Post by User

NORTHQUEST LTD. > insiders dumping
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Comment by Raptor7on Sep 06, 2012 10:01pm
235 Views
Post# 20328302

RE: insiders dumping

RE: insiders dumping

Indeed. So let's just take a look at what happened today.

  • Stock price immediately rises 200% but begins to drop precipitously soon after.
  • We find out there is no mention that property is an old Inco property.
  • No mention that blockbuster result is from an old target that was conveniently given a brand new name.
  • No suggestion that this drilling was confirmation drilling (thanks Mineweb).
  • No mention whether grades were consistent throughout or carried by narrow but unusually high-grade intervals.

And if that isn't all suspicious enough, it now appears insiders took advantage of the day to sell nearly a million shares at an average share price of 77 cents? Wow!!!

Company Name : Northquest Ltd. Last Updated: September 6, 2012
Date Symbol Insider
Buys
Volume		 Insider
Sells
Volume		 Insider
Buys
Value $		 Insider
Sells
Value $		 Insider
Buys
Transaction		 Insider
Sells
Transaction		 Currency
09/06/2012 NQ 0 833,000 0.00 640,065.00 0 112 CAD

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