Traverse Energy Ltd V.TVL

Primary Symbol: TVETF

Energy Oil & Gas E&P

Traverse Energy Ltd is a Canada-based company. The Company is engaged in oil and gas exploration, development and production activities. It conducts its operations in the province of Alberta. The Company’s assets are located in the Carbon, Turin and Greater Coyote areas of Alberta as well as in the Duvernay land base located in the Buffalo Lake, Chigwell and Pigeon Lake areas of Alberta. The Greater Coyote area includes properties in the Chain Lakes, Coyote, Hanna, Michichi, and Watts areas of Alberta.

GREY:TVETF - Post by User

Traverse Energy Ltd

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Post by HardRockAngelon Dec 07, 2004 3:51pm

191 Views

Post# 8280588

Options question

When is it acceptable for the CEO of a company to sell options or shares? Would you prefer Naj to sell his shares today at current prices to institutions who are interested in getting involved with this company OR would you prefer Naj sells his shares into the open market 2-3 months down the road when US singings have been announced and the shares are trading at $3.00? Is it possible Naj is doing us all a favour by selling now? Or do you guys simply think he should just let his options expire? Cmon guys, the guy has a right to sell a small percentage of his stake. Could be he is doing us a big favour. Time will tell (next 2-3 months) HardRockAngel

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