Coventry Resources Inc. V.CYY

There is a site where we can see major share holders

[takeiteasy3]

https://apps.cnbc.com/view.asp?country=US&uid=stocks/ownership&symbol=cyy-V&country=CA

[fourbarrels]

Good site. Thanks. According to the insider info Michael Haynes -CEO only holds 1.3% of the company which is worth $11k at current price. Peanuts. No insider buying reported lately so makes a guy wonder why not at this price. Any longs with thoughts?

[takeiteasy3]

For sure, insiders should buy at this time. Level 2 could look really good if this junk of ask at 1.5 cents is filled up. However, insiders buying is not always a criteria of success, and I have a good example: insiders of v.ngy (Newcastle Energy Corp.) bought millions of shares (and unfortunately I bought myself, thinking that they know some great news are coming out) then they made a stock split

[fourbarrels]

Agreed. Not a criteria for success but certainly a vote of confidence. On the roll back issue. Does anyone suspect they could be planning do that here before they drill?

[takeiteasy3]

No, I don't think they need a roll back now. They have enough money to do the first drill, and if the results are great as shown in the NR, they will go on the sky!

[JR12]

This post has been removed in accordance with Community Policy

[JR12]

This post has been removed in accordance with Community Policy

[Jball1]

This post has been removed in accordance with Community Policy

[fourbarrels]

Regarding drilling. I see they did some ground work recently but couldn't find reference to when they would initiate a drill campaign. Does anyone know if they will drill this year or not?