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Bullboard - Stock Discussion Forum Spearmint Resources Inc C.SPMT

Alternate Symbol(s):  SPMTF

Spearmint Resources Inc. is a Canadian junior resource exploration company. The Company's principal business activities include acquiring and exploring exploration and evaluation assets. The Company's Clayton Ridge project in Clayton Valley, Nevada, is comprised of 12 contiguous claims totaling approximately 248 acres. The Company has three separate claim blocks in Nevada that are prospective... see more

CSE:SPMT - Post Discussion

Spearmint Resources Inc > Why did insiders sell
View:
Post by old_dog on May 16, 2021 4:44pm

Why did insiders sell

Let me see, because they are making so much money from the multi million dollar salaries they are getting paid they wanted to give some pocket chnge to their kids???. Lets face it the company may be in the best financial position it has been in years but the pay still sucks. So just dipping into the money to reward yourself is not the best idea at this time. On the other hand divesting yourself of some shares that you can get back as part of a company stock/option plan may be the thing to do. We have bills and I can't see what the issue is unless they actually are bringing in high six digit compensation packages..


So relax...stay long and let if fly.

long..been long...staying long...and will be long for a long time...4 cent bags coming every so often...that what happens when you buy at the bottom and hold.


old_dog
Comment by amxjavelin on May 17, 2021 11:37am
The biggest cryb@bys about insiders selling Im sure would be doing the same thing or much more selling?. who cares get over it  SPMT is Hot and i dont care if they sell every share the can THEY HAVE TO EAT ALSO & they work hard 
Comment by Notmyfirstrodeo on May 17, 2021 12:50pm
Insiders are selling them shares so that shareholders can get in at a good price. The insiders love shareholders and will do anything they can to make them money. James is an absolutely selfless guy that gives most of his money to charity and attends church three times a week. The rest of his free time is spent working at a homeless shelter feeding the homeless. Many insiders sell their shares ...more  
Comment by minewalker on May 17, 2021 2:28pm
Lol... good one..!
Comment by Teharso1 on May 21, 2021 12:07pm
of the 158,000 shares today 118,500 were sold by anonymous (i believe insiders)
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