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Bullboard - Stock Discussion Forum NORTHQUEST LTD. V.NQ

"Northquest Ltd is engaged in the exploration of gold and other metals."

TSXV:NQ - Post Discussion

NORTHQUEST LTD. > insider sells
View:
Post by 2new4invest on Oct 26, 2012 12:49pm

insider sells

Are you guys really that new to this?

Insider sells are based on getting cheap options to cash in for profit and use that profit to buy into the new financing to help bring cash to the company.  Later on the company gives new options out to the insider/managment to make up for buying into the latest PP.

It's the CIRCLE of LIFE for any public company.  What matters is the Drill Bit.  Nothing else does.

Comment by Rickthevet on Oct 26, 2012 1:31pm
   As I said earlier on in the week. The nice thing about those block trades is that they were done by internaly by toll cross.  That means they had a home for large blocks at their own brokerage houses.  This means that these shares are in tight hands and were not trickled into the retail market.    This kind of activity almost always preceeds a run up. Rick The Vet
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