RE:RE:Not Ryan! BTU Pres holds RGLD!As I've said before, his last sale was on August 7. There was an nr later that night , stating this and that he held 5,538,900 shares.
SEDI currently shows this, and shows his last transaction on August 7.
As of this morning he holds 5,538,900 shares...
Ryan Kalt 3,052,900 shares
Kalt Industries. 1,341,000 shares
Phoenix Mining 1,145,000 shares
Total 5,538,900 shares
Anyone could be doing it. I do suspect, like I said yesterday, there's some just flipping it and playing the swings. Check the tone of some even on this board. A couple of days ago...all positive, board fills up with comments...then bam...switch to negative. And it wouldn't take that many shares.
However this is more positive than Ryan selling. These flippers can easily get caught and burned if there's a positive nr while they're not holding, and their selling resistance is not present. Then it'll run and big time...and they'll be chasing the sp upwards.
I think we'll head to mid teen level, as news becomes inevitable. If they drill 2500 m, that's probably around 15-20 holes or more if shallow holes are drilled. Release the results in a couple stages and we could very well head to 0.20 and beyond...easily.