OTCPK:WSRLF - Post by User
Comment by
Espanaon Nov 09, 2014 7:17pm
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Post# 23111929
RE:FDP and options action
RE:FDP and options actionCF; This is the most ridiculous post, BY FAR, you or anyone has ever posted.You suggested there might be something dodgy going on, NOT ME. I stated that the directors bailing out of the stock clearly showed they did not have any faith in the future price of the stock and you just provided us with the information. Case in point: 830,000 shares sold at $0.64 and $0.65. This person must believe the shares will not rise more than 3.5 CENTS in the next year (i.e. 12 months; 52 weeks). I understand the expiry meant they had to exercise the 56 cent options soon and that would cost them 830,000 X $0.56 = $476,000 and some may not want to "pony up" (your words) this amount. But a bank loan, which anyone of these guys, would have access to at 6%/annum (or less) would cost them $28,560/year. That is; $28650/830,000 = $0.0344 PER SHARE PER YEAR!!! So, if these guys had the same confidence you have that the stock would go to $2.00 in "short order" the decision is a "No Brainer" $1,700,000 from less $500,000 in less than a year. Even if they thought the stock would go from 56 cents (their cost) to 60 friggin cents in a A YEAR! they would not lose money!!!! The stock "rising" to 57 cents in 3 months would make them money ..... or to 66 cents in the next 3 months would make them more than selling it at 64 or 65. These guys are "smart" and have financial advisors. This screams a total lack of confidence in the future price. Thanks for pointing that out. Seals my conviction to stay away from this one. What about Crest's? Speculation my a**.
Your suggestion that the KRG is wanting for Kurdamir gas is a possiblity but CLEAR SPECULATION!