GREY:VITFF - Post by User
Comment by
rgrieveon Oct 12, 2012 8:12pm
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Post# 20479843
RE: Important Question
RE: Important Question Agro owns 1,550,000 shares that he acquired for cash in the open market over the past three years. He also holds options on another 600,000 shares. He has a substantial cash investment in VIT.
I don't see him selling here and read his departure as one more sign that there is a deal being discussed to acquire Victoria or JV with them. Agro leaving along with Dowling becoming a director at Teck are signals that a deal will be done shortly, probably when permits are granted. I expect this to happen by January and expect the shares will be a lot higher then.