RE:RE:RE:RE:Private placement InterestingBoWing007 wrote: Hi Everyone, first post. paperrockscisor I think is right. It's BS, but the insiders are loading up, diluting shares - if you follow the trail.
https://www.stockwatch.com/News/Search.aspx?symbolchanges=Y&symbol=ADD®ion=C
https://www.canadianinsider.com/company?menu_tickersearch=ADD%20%7C%20Arctic%20Star%20Exploration
On March 24th $400,000 pp @ .04 cents shares and .05 cents warrants
On April 13th Ferreira, William (insider) excercies 375,000 @ .05 cents warrants from March 24th pp. He also purchased 375,000 shares on open market @ .04 cents
April 19th $500,000 pp units
Yes, just watch the canadianinsider.com website for ADD insider information to come.
Bad new and good news.
Bad news is that this is insiders cheap way to get more shares, but it poops on all other investors by diluting total outstanding shares.
Good news is that after Dr. Jennings and CEO Ken Armstrong flown into dig site, plus pics taken and postive news relayed back to Pat Power, Pat pulled the trigger today in order for insiders to get even MORE shares cheap under the guise of T-Rex and Triceratops 2016 exploration money needed. So I'm think the positive outways the negative as we will hear POSITIVE NEWS soon, hopefully something along the lines "...we may have finally found the source of the S. Coopermine Mineral Train!"
My measly .02 cents on the matter.
Let's hope that is the case. Insider buying this week would be nice.