Columbus Gold Corp CGTFF

Metals & Mining Industrial Metals & Minerals

"Columbus Gold Corp operates in the gold mining industry. The company acquires, develops, explores and evaluates gold in French Guiana. It owns two main projects and other projects. Montagne d'Or Gold project which is comprised of eight mining concessions and Eastside Gold project hosts a large area of shallow oxide gold mineralization. It principally operates in three geographical areas those are Canada, United States, and France."

OTCQX:CGTFF - Post by User

Columbus Gold Corp > Insider selling 1 Mil.Sh.

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Comment by 123buyholdhopeon Jun 25, 2016 5:40pm

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Post# 24998785

RE:RE:Insider selling 1 Mil.Sh.

I may well be misreading the chart but did Guistra first exercise his option to purchase 1 mill shares at C30 - 35 cents and then turn round and sell 1 mill at 60 cents. If he did a nice approx 1/4 mill in his pocket. Smart financial move if I am correct, if not then as you indicate there maybe various reasons why someone would sell a portion of their shares after a signifcant run up, regardless of the possible future.

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