Sirios Resources Inc V.SOI

DD is buying...

[william_]

...almost 140,000 shares since beginning of September.  It is the only insider buying but this is not a big deal at the end.  I will not put his own money if the ROI is not interesting.  Only time will tell.  Give me my 1$ and I am out !  Cheers....

[givemeabreak1]

I will give you a dollar for all your shares.  You said you own 100k shares so I am willing to give you a dollar for them all!

[william_]

LOL .... times 10 my friend.  100k shares it is peanut.  1M shares is better.  So still interested to buy them?  Please.

[rockka1]

He purchased 440,000 shares this year.  It's a lot of shares relative to his salary.

[givemeabreak1]

Alot of sharres relative to his salary.  How do you figure?

[rockka1]

Pull the Sedi filings, find how much he paid for these shares.  $52800 paid for the shares based on the average cost.  Salary is 180,000 n 2020 for Dominic.  Do the calculation of based on Net income after taxes.  $52800 used to buy Sirios stock out of $109023 . https://storage.googleapis.com/sirios-www-media/1/2020/1a51f0d78-circular-meeting-2020.pdf Salary

[william_]

Remember end 2019 when he was saying that it will take his home equity to buying more !  Probably it is the case but at the end, he is the only insider buying but this is not a big deal at the end.  Right now, it is nice to see that he is putting his own money and probably the ROI is interesting !  Only time will tell but again, sell Cheecho and develop Aquilon. 

[givemeabreak1]

rock You are forgetting all the perks options etc.   All in all it is a small investment like paying yourself!  

[rockka1]

His options are exercisable at $0.50. Not something to really consider.