NDAQ:FRP - Post Discussion
Post by
thasis on May 27, 2008 3:58pm
Eldorado Gold's most recent insider sales
Very interesting.....Eldorado's most recent insider sales as pulled from the ELD board
Eldorado Gold Corp. vice president of operations Berne Jansson exercised 34,000 options for company common shares at prices ranging from $5.65 to $8.27 on May 26, 2008. He sold all of these shares the same day, bringing his total common share holdings back to zero.
Eldorado corporate secretary Dawn Moss exercised 100,000 options for company common shares at prices ranging from $5.65 to $7.85 on May 20, 2008. She sold all of these shares the same day, bringing her total common share holdings back to 12,500 shares.
Eldorado chief financial officer Earl Price exercised 150,000 options for company common shares at prices ranging from $7.90 to $7.98 on May 26, 2008. He sold all of these shares the same day, bringing his total common share holdings back to 2,000 shares.
How do you interpret this.
Does this suggest lack of confidence by Eldorado's Board in the sustainability of the share price of Eldorado or coincidentally did all 3 need the money?
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