RE:RE:RE:RE:RE:RE:PerplexedThink this Co. has a long history and many shareholders are from deals that were supposed to be great but failed, Directors too probably. The Ortoire block was just dirt , an unproven concept and the stock was a dog, it's was hardly a household name. I don't think many bought in because they were facsinated by the huge upside at Ortoire but I might be wrong.
I'm certain if Ortoire was such an obvious laydown win then the Directors would have bought stock but who knows. The entire industry in Canada has been beaten up so badly that some if not all of these guys may not have the money to pile in to any play.
I'm not losing any sleep over it, I'm making a fortune and as long as they don't screw up I'm good.
One issue that may have put pressure on them to sell and exercise is the rumour that the Gov. might change the way options will be taxed in future, from a capital gains rate of tax to straight income and that would make quite a differance.
Unfortuneately all that will do is cause management groups to devise ways of creating larger options plans or paying higher salaries.
Cheers
Chreca1 wrote: No Goa, they did not get lucky here. And I believe most bought here in anticipation of the Ortoire block and not because of the tiny western pools, that I couldn't care less about.
The TXP team been working for years on the Ortoire project FFS !
Sure maybe they've been invaluable for TXP and I'm not aware of it, but I truly doubt it, but what really matters is what do they bring to the table going forward frome here on ?