Boron One Holdings Inc V.BONE

I loves me some insider buying! Mmm Mmm Mmm

[init4dakash]

https://ceo.ca/api/sedi/?symbol=Ev&amount=&transaction=&insider=
 

Happy Saturday All.

[DoYourOwnDiggin]

Wallis bought $30k worth.  Nice.  

[tmp251000]

Wallis and Blake both in.....I see that Gwen Fallis .........Blakes wife opens an INITIAL possition for 2.5 million shares....vote of confidence.......YES..........most here are loaded up  but if your not this appears to be a good time to fill up....FUD  clearing......volume up at low price level and shares being hoovered.....it all bodes well for believers.....GLTA

[tmp251000]

also very interesting....Timmy buys 8.000.000 shares at 7.5 cents in Sept 2021.....120,000$$$ worth.....you got to ask yourself why would Tim sink 120,000$$$ personal money into this.......I figure shareholders here should RELAX........ the board here is strongly acquiring shares.........all recent news is good.....we are waiting for the play to unfold...........

[DoYourOwnDiggin]

While the insider buying this past month is exciting... highlighting Tim's buy in 2021 is the same as highlighting anything from 10+ years ago.  We need the news release with CofR and FS submission.  Nothing less.  The Nov 7-8 Serbian mining conference is fast approaching... it will be very telling if they have nothing in hand before then. 

[ListenandLearn]

Can't imagine the Serbian Mining Minister showing up at that conference knowing that her ministry can't deliver permits and authorizations. CANSEE (of which Ms. Rankic of Balkan Gold is the president) is a sponsor of the event. Would make for an interesting conversation...   

[Flames7]

That would be the end of her  career 

[ListenandLearn]

Good sign indeed! $72K, not pocket change.... But I wonder what you'd push an insider to act on warrants worth 7 cents when the SP is hovering 25 tp 30% lower ? Isn't that just flushing $10-12K (about 20K shares) compared to buying on the open market,?  Any theories on that ?

[iamlickzy]

Calabrese offered one explanation:   Hmmmm, let me see.  Sacrifice $30,000 in order to guarantee another year's salary.  Tough decision.

[init4dakash]

I think $20k would've probably been enough for that.  Why $30k.  Perhaps he put together as much as he could knowing a sure thing when he sees it.  My 2 cents  

[DoYourOwnDiggin]

Ok since you have the scoop... what should we expect next week?

[ListenandLearn]

I Like that explanation much better!

[iamlickzy]

I was just repeating what Calabrese said, not agreeing with him. A question would be "Why spend 7 cents a share when the share price is 4.5 cents?" An answer would be "You could not acquire 600k shares with an average price per share below 6 cents in the open market, given what is currently on ask". the days of sub nickel shares are quickly going to be behind us

[DoYourOwnDiggin]

It was 600,000 in warrants, issued because of the PP purchase of $30k in .05 shares.  He did not buy 600,000 at .07.  

[iamlickzy]

Please disregard my comments around the purchase of shares.  I was misinformed and should have done my own digging.

[ListenandLearn]

That's ugly!