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Message: gold and kxl

Rico re: ceo's cash in

in response to by
posted on Nov 27, 2008 06:47AM

He may have been forced to sell if he leveraged a loan to but shares in the company, this happened to many CEO's who borrowed personal money then the price tanked, (market), example Mr. Guesella from Connacher Oil and Gas, (CLL), did the same thing, (millions), and there are several others but their names/companies elude me at this time. The CEO's probably have alot of confidence in the company thats why they borrowed in the first place to buy more shares and got blindsided by the market. Most juniors don't mine themselves they sell to the big boys, which I hope personally happens here at a fair price in the future, 5 dollar plus range where Richardson and friends bought in. Jokal

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