RE:NRGNorthbound. There''s no insider selling going on here. Volumes are too low, liquidity poor and who would sell at 11¢?. The insiders have too much in the game. For the insiders and management its a one way bet for success. They'd have no hope of getting out with the no of shares they have.
The PR today, put $2m in the Treasury. NRG is a serious company. The holes lately have been disappointing. The treasure's there, at some point it will be found. Right now management seem to be feeling out the property using RC. When they have a better understanding of what might be there and where, then diamond drilling will start.
I expect NRG will update investors on the drilling strategy at some point