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Bullboard - Stock Discussion Forum Rupert Resources Ltd T.RUP

Alternate Symbol(s):  RUPRF

Rupert Resources Ltd. is a Canada-based gold exploration and development company. The Company’s principal focus is Ikkari, which is a gold discovery in Northern Finland. Ikkari is part of the Company’s Rupert Lapland Project, which also includes the Pahtavaara gold mine, mill, and exploration permits (Pahtavaara). The Rupert Lapland Project is located within the Central Lapland Greenstone Belt ... see more

TSX:RUP - Post Discussion

Rupert Resources Ltd > RUP- Managment NOV, OKT, sell sell sell
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Post by Goldtrader on Nov 25, 2020 5:30pm

RUP- Managment NOV, OKT, sell sell sell

Look on the insider trades by stockhouse1

Comment by Nodga2000 on Nov 26, 2020 8:17am
I am not concerned about a director selling shares in a stock that is in an uptrend. I would be more concerned in a down trend! This is a very bearish post, so not sure what you are trying to achieve here...
Comment by tsawboss on Nov 26, 2020 10:00am
Anybody that has watched Rupert trade over the last 4 months knows that insider selling has been followed by outstanding drill results.  JW runs a tight ship.
Comment by hawkowl1 on Nov 26, 2020 12:18pm
FWIW I checked insider selling at RUP as part of my due diligence. Was not concerned at all . Since then I have purchased 20,000 shares.
Comment by Nodga2000 on Nov 27, 2020 4:11am
Great work hawk - added 20k shares to many more I hope for your sake! I've added on each dip below $5. To my untrained eye, the chart does look like it's setting up for another push higher - I think the TAs call it a "bull flag" - hoping to get some good news next week after this US Bank Hols to give it the next push!
Comment by Nodga2000 on Nov 28, 2020 4:01am
Interesting 3/4 of yesterday's volume was made up of director sells. Nothing suspect in it though as far as I can tell - Thomas Credland was selling options he'd been granted (at $0.175!), that's understandable given RUP is near ATH and Brimacombe has over 19m shares! So it's a tiny proportion of his holding, he's also been both buying and selling in the past.