Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

ECUADOR GOLD AND COPPER CORP V.EGX

"Ecuador Gold and Copper Corp is a mineral exploration, mining and development company. The Company acquires and explores gold mineral rights located in Ecuador."


TSXV:EGX - Post by User

Comment by BrendanCon Feb 05, 2015 12:28pm
103 Views
Post# 23399719

RE:RE:RE:RE:RE:RE:Grant of Options...ser20det

RE:RE:RE:RE:RE:RE:Grant of Options...ser20detNo, I think your agreeing with me but I should go into more depth perhaps?!?  
 
    So this insider could buy at .05, but then likely could sell at .10 making a 100% profit in theory. The fact that he is NOT buying at .05 indicates positive things to come and he is going to likely hitch a ride up at .09 instead of buying at .05 and turning a quik profit. If I saw an insider  buy at .05 and at .09, I would have more expectance in the insider buying at higher levels than the one at .05 who could potentially sell at .07 or .08 to make a quick profit.  The fact that he is dumping $50,000 of his own money at .09 indicates that he expects a higher value than 100% profit, leading us to .18+++ The 5 year time frame is just that tho... lots of these options have a time frame. if we go to .09 Soon, like I said he is likely execting to catch a ride up, it will likely be soon as he is getting his options now.   I probably am not making sense at this point. Trying to explain in posts is a lot harder to do than verbally...  Anyways, I hope this does somewhat help???   
<< Previous
Bullboard Posts
Next >>