TSXV:HRE.H - Post by User
Post by
TrickyGameon Oct 18, 2019 2:12am
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Post# 30242858
At this point...
At this point...The directors/management MUST have non public inforation that could affect the SP. There has only been 1 insider sell transaction since the Tribunal decision and that was sept 6th. The fact that there has NOT been mass selling by directors/management is a huge favorable sign. (there was a reduction in total shares of a director on August 27th but no prices where attached to those transactions and a different director did the same thing previously but it was a share transfer so I'm assuming the aug 27th transaction were also a share transfer)
The way I see it if I've going to speculate on the possiblities
A) Stan's announces the republic has agreed to pay a slightly reduced amount or the full amount of the award
B) Stan's announces the JV is fully negotiated and work on the Lithium project will start shortly
C) Stan's announces a buyout by another company or the Russian Government
NONE OF THOSE SCENARIOS HAVE HAPPENED AT ALL ITS JUST SPECULATION
but it's interesting that as of saturday 2 months have gone by since the Tribunal award and there has been no significant selling by management
**Note on my accounts it shows the BID on HRE as $0.02 as of 2 minutes ago