Insider Trade...Does anyone have an idea of what to make of this trade as I see no news of a 100 to 1 unti financing/debenture etc.:
| 07/08/13 |
Van Hatten, Larry Michael,
Director of Issuer |
150,000 |
Acquisition or disposition in the public market at $3.50 - $3.50 per share. |
$525,000 |
As per my previous post - JD not selling and LVH putting more skin in the game. Remember that as per the May 23 nr - "The first phase of diamond drilling is now complete at Imwauna and further drilling stopped while the Company awaits receipt of all assays from this program."
We have not seen all the drill results/assays for Imwauna and drilling was stopped. Usually you will continue if you have not found anything. So what are in those drill results? No insider selling and only adding...hmmm. Personally I added at $0.035 as my spidey senses are in overdrive. Could we see more news shortly? Time to buy that lottery ticket. imo
GLTA
FT