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Bullboard - Stock Discussion Forum Sulliden Gold Corporation Ltd T.SUE.WT

TSX:SUE.WT - Post Discussion

Sulliden Gold Corporation Ltd > Bharti sold 101,500 shares at $1.80 on Sept.30
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Post by nobodyCares on Oct 04, 2011 9:05pm

Bharti sold 101,500 shares at $1.80 on Sept.30

https://canadianinsider.com/coReport/allTransactions.php?ticker=sue
Comment by Styless on Oct 05, 2011 10:21am
hm...that's not a positive sign
Comment by bogeyfree on Oct 05, 2011 5:05pm
Is Bharti the only insider to have sold shares lately?If so, that doesn't mean much since he might have an excellent personal reason to do so, my thought!
Comment by sun_shine on Oct 05, 2011 5:37pm
I agree that one of sales by insiders does not necessarily mean a negative, there could be any number of personal reasons. This stock oversold and has not bounced back as much today, however I think we should see it back above $2.00 soon enough.
Comment by Styless on Oct 05, 2011 7:20pm
others have been selling yes...Stan isn't like management...he wouldn't need to sell for personal reasons to fund something...he's a millionnaire and founder of Forbes Manhattan...i find the sale a bit suspicious...there has been a few insiders who have been selling as of late...not sure why Stan would be a seller @ these levels
Comment by bogeyfree on Oct 05, 2011 8:03pm
Have any other insiders been buying?Interesting fact Styless but you seem to know STANpersonally so maybe you could ask him.Simply made a good profit and was  tired of waiting (as I am) and went on to better possibilities  with everything going down lately or could be that things don't look too good for SUE in the near future?I would love for someone to prove me ...more  
Comment by mtsuit on Oct 05, 2011 8:41pm
Looks like he still owns 4.3mm shares.
Comment by Styless on Oct 10, 2011 9:51am
i do know Stan, but you don't ask someone like that why he sold shares...The sulphide holes were suppose to be out already...i really hope that isn't the reason he's selling...hopefully they come out strong
Comment by play_n_lay on Oct 11, 2011 10:03am
He sold AVR also, seems like he needs cash.GLTA
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