Comment by
wordless on Dec 01, 2011 1:15pm
To exercise 150,000
.70 options is costs the insider $105,000.... Sometimes they take short term loans if they don't have the cash to pay the company, and then sell into the market for an easy profit and pay off the loan.
If there is little selling, it would be a vote on confidence that we're going high... Kepp an eye on it
https://www.canadianinsider.com/node/7?menu_tickersearch=svl
Comment by
brit on Dec 01, 2011 1:20pm
.....And our old crow Sanders continues his selling. Where companies get some of their flaky Directors never ceases to amaze me.Brit
Comment by
Skater on Dec 01, 2011 3:50pm
Thanks Scott. Price held up reasonably well today considering yesterday's climb. They've stated the 43-101 will be out before year end and given the holidays we should have that news out within the next few weeks - good to hear they are excited about it.Skater