Post by
Kherson on Sep 23, 2023 11:59am
Insider's dumping?
Maybe the paid pumpers on this board could explain why so many insiders are dumping their shares? Did Headwater drill a few more dusters or are they selling their shares in Headwater to buy Cardinal?
Asking for a friend who was a long time holder of Corridor Resources...
Kherson
Comment by
gareez47 on Oct 03, 2023 3:52pm
Simple Math and Tax Accounting. If you receive shares as part of your contract package or as a bonus you need to pay approx. 35% income tax on the shares. So you have to sell some. Usually paid quarterly so the timing lines up.