RE:Bought a whack load more today @ 0.10Is it over 10% of outstanding shares, when one becomes an insider? If that's the case, and with GCU having over 148M shares outstanding, then that makes Sheldon/Pinetree a non-insider, but they both, still hold a good chunk of GCU. GBB2015 said: "Sheldon personally sold 8,611,500 in December leaving him 11,200,000 at December 31". In turns of Pinetree Capital, they ceased to be an insider on December 30 when their holding dropped to 12,500,000 shares". Thanks for the above info GBB2015, as well as for your 2015 prediction for the price of gold. If Sheldon/Pinetree are still selling in January 2015, there is only one thing to conclude from all of this, and that is, they may have lost ALL confidence in the Board of Directors of GCU, but more importantly, they may have felt that the Springpole gold project will be several years away from being developed. You said: "I'm leaning towards the thought that gold will hold it's own and rise a small amount in 2015". 2015 may be the year of the large gold producers buying up the little guys. But only hindsight is 20/20". That said, I've heard that gold could get down to ~$700/oz over the next couple of years, in which case, the profitable gold producers would then buy up the unprofitable guys. With respect to GCU as a takeout target, I'll accept Sheldon's selling spree as an indication that this won't be happening anytime soon for the Springpole gold deposit and GCU. However, it wouldn't surprise me then (on the BIG picture), and if the above $700/oz situation did occur, that a combined Newmont/Goldcorp bid came in, and took out Barrick Gold for instance!! These things do happen you know, especially when the acquirer knows more about the gold market than the acquiree. RocketRed: you said, "Sheldon should be canned". Unfortunately, serious investors can't be canned. When Sprott sold their holdings in GCU a couple of year ago, it was an investment decision that they made, and obviously a good one. At that time, Sheldon/Pinetree chose to hang on, and wait out this stupid commodity downturn. That said, they've been a huge supporter of the Springpole project. With the recent sell-off of their shares, I can't comment on how they feel about the current GCU management, but they may feel the same way as you or I do right now. With all due respect to this management, they have no control over the future price of gold, which would affect the operations at Springpole. Only the wannabes in Washington, and their cronies on Wall Street, could help you there!! However, I think it may be the Levinson connection, but Gold Canyon has never been a great communicator with their investors. Torontonian52: "Come on people let's have a conversation". Not sure where to start Torontonian52!! I always thought this blog site was pretty good. "If we get bought out would it not be a good thing"? If we all bought under 0.20, it would be a great deal! For those who bought much higher, any deal around 0.20 would help them, assuming you want to hang around!! "Assuming the company that takes us over has plenty of money......." Which major gold company has plenty of money in the till? todaypartlycloudy: "I bought what was a $3.50 stock in 2011 for $0.11 today". Gheezz!! What does that mean? Let me guess. You bought some at $3.50 and then again at 0.11!! Is that right??