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LYNDEN ENERGY CORP. V.LVL

"Lynden Energy Corp is an oil and natural gas company. The Company is engaged in the acquisition, development, and exploration of oil and natural gas properties. Its projects include Wolfberry and Mitchell Ranch projects in the Permian Basin, West Texas."


TSXV:LVL - Post by User

Comment by Pandoraon Mar 01, 2013 1:21pm
115 Views
Post# 21063255

RE: RE: RE: Clinging to support

RE: RE: RE: Clinging to support

Beriskin and McLennan exercised options (25,000 and 100,000) at 55 cents and 30 cents and then sold the shares at 94 cents and 96 cents. Getting a little cash flow I guess. Who Knows. It is probably not the kind of transaction that would suggest a negative slant on the operations of the company. Now if someone was outright selling a million shares it might suggest something is not right.

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