Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: Just My Opinion

Just My Opinion

posted on Aug 12, 2009 03:24PM

Around noon today there was a trade of 759,000 @.04. The seller was Annonomous and the buyer was Jones Gable. If I'm not mistaken, Jones Gable is the brokerage Frank uses. I could be wrong on this, but I won't be surprised if Canadian Insider reports that Frank bought some more today, (.04 is his magic number). We're boxed in between .04 and .05, that much is obvious, and I don't expect there to be an announcement of the DD distribution untill after the insiders feel they have all the shares they want. It's sad that things have to be orchestrated like this. I just think that everythings set to go (the distribution, the new websites) and the holdup is that the insiders aren't done buying yet. Not that that's a bad thing.... just if an insider wants say 2,000,000 shares than buy 2,000,000 at market. Don't stall everything for months on end so you can save a penny a share. If they are that confident in their purchase, then money will still be made buying at .05 or higher. It's all in the game and it's very tiresome. Again, this is just my opinion.

SRV

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