Highly prospective exploration company
Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.
Message: Peter was looking for pocket change
Not bailing, and simple math shows he still retains 99.995% of the shares he had.
JThis is just to clarify how little P. Smith has been selling. Peter sold 15,000 shares and with options still has over 3 million shares. Looking at % of holdings, and it is like having $1000 in the bank and taking out $5 to get a couple of coffees. Peter isn't running away from this in any way.
Yes if you know that something worth $2 will change to $20 in a few months would make you do everything possible to hold on. But we all have a life to live as well.
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