Xmet Inc XMTTF

Metals & Mining Gold Industrial Metals & Minerals

XMet Inc is a mining exploration company. The company engages in the exploration of its Canadian mineral properties in the provinces of Quebec and Ontario. Its property portfolio includes Grasset Property located in the northern part of the Abitibi greenstone belt, west of Matagami, Quebec; Authier Property located mainly in Poularies and Privat townships in the western Abitibi Region of Quebec and the Blackflake Property.

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Xmet Inc

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Comment by juststocks500on Apr 16, 2014 8:30am

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Post# 22457058

RE:RE:RE:RE:RE:RE:RE:another selloff by management - 287,000 shares from dulmage?

This all looks good. The latest 287K will eventually appear and likely confirm it is Stephen Dulmage liquidating. He could still have as much as 500K left.

One can even speculate, and I'm being imaginative here I know; that the best way for Dulmage to make tons of money may be to keep a strong position knowing he'll make a killing later. Problem with insiders is they can't really sell anything without creating fear amongst shareholders. So, sell a lot, keep a lot but get fired in the process to get off the insider radar. With everything he's sold, he's likely recovered all his capital and some. The others can't do this right now.

Even the latest PP has insiders financing at the expense of the "liquidity" of their own personnal shares. No doubt insiders are fully committed and are exceptional believers in what they have.

Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Price
Apr 15/14	Apr 11/14	Beaudry, Charles	Indirect Ownership	Common Shares	90 - Change in the nature of ownership	1,700,000
Apr 15/14	Apr 11/14	Beaudry, Charles	Indirect Ownership	Common Shares	90 - Change in the nature of ownership	-1,700,000
Apr 14/14	Apr 11/14	Stewart, Stephen Alexander Nelson	Indirect Ownership	Common Shares	90 - Change in the nature of ownership	936,000
Apr 14/14	Apr 11/14	Stewart, Stephen Alexander Nelson	Indirect Ownership	Common Shares	90 - Change in the nature of ownership	-936,000
Apr 14/14	Apr 11/14	Stewart, Alexander	Indirect Ownership	Common Shares	90 - Change in the nature of ownership	91,273
Apr 14/14	Apr 11/14	Stewart, Alexander	Indirect Ownership	Common Shares	90 - Change in the nature of ownership	-91,273
Apr 3/14	Apr 1/14	Dulmage, Stephen	Direct Ownership	Common Shares	10 - Disposition in the public market	-52,500	$0.160
Apr 8/14	Mar 28/14	Stewart, Alexander	Direct Ownership	Options	50 - Grant of options	450,000	$0.120
Apr 8/14	Mar 28/14	Beaudry, Charles	Direct Ownership	Options	50 - Grant of options	300,000	$0.120
Apr 8/14	Mar 28/14	Stewart, Stephen Alexander Nelson	Direct Ownership	Options	50 - Grant of options	150,000	$0.120