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Bullboard - Stock Discussion Forum Diamonds North Resources Ltd V.DDN

TSXV:DDN - Post Discussion

Diamonds North Resources Ltd > insider option exercises?
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Post by romanko on Jan 15, 2010 9:42am

insider option exercises?

Someone posted earlier this week that 2,000,000 of the recently granted options have been exercised, but I don't see this on www.canadianinsider.com, and the most recent transaction showing on that site was reported on the 12th for grants on the 5th.

Is there another source, or does someone have more recent info? thanks!
Comment by 10karat on Jan 15, 2010 9:54am
This post has been removed in accordance with Community Policy
Comment by pai on Jan 15, 2010 10:17am
It was never there. I don't know where you guys get that crap from. Why would they exercise now since they have years before they need to. Think and do your DD before you post crap. Ther is nothing fishy.
Comment by oceaneleven on Jan 15, 2010 10:45am
I am pretty sure you are wrong !!!!! Since you did NOT see it, doesn"t mean YOU are right!!! practice what YOU preach......I never posted this info, however I DID SEE SOMETHING  !!!!!!!!!!!
Comment by ladon on Jan 15, 2010 11:38am
Perhaps you need to perform your own DD Pai. Check out SEDI. You will find some large transactions have taken place.
Comment by pai on Jan 15, 2010 12:03pm
Oh for pitys sake. Do you know how to read SEDI? There was cancellation of options, expiration of options and grant of new options, but there was no EXERCISE of options. I have been a long time shareholder and still like the company and management, so I keep up with what is going on.  
Comment by binscamdb4 on Jan 15, 2010 12:35pm
Pai is correct in his concise description of the option activity. We have been thru this before and there is descriptions of how to assess the info back a couple weeks ago, when I believe  oceaneleven brought up the option activity happening at Uranium North. If you go back to that exchange it is worth the effort because understanding how this works is quite important, and is really very ...more  
Comment by ladon on Jan 15, 2010 12:47pm
 OK-well then perhaps someone could give us a quick briefing on the distinction between granting and excercising of options. Thanks,Don.
Comment by ladon on Jan 15, 2010 12:54pm
I now nderstand what you are saying Pai. Somewhat of a disappointment. However the granting of those options could be seen as stage one. Nice perk for insiders ...being able to sit on those stock options with zero risk.
Comment by ladon on Jan 15, 2010 12:56pm
Is there regulations regarding when a company can grant options or can they offer them whenever they choose?