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Message: Sprott on BNN

Re: ..HUB LEADERS....WHY

Traps, I noticed that on Monday night, as the same thing happened to me. Remember the last time this happened awhile back there was a big effort being put in by new members to bash the company. It might be coincidence,however if you noticed I did not post yesterday as it it seems more often than not the shorters find me an easy target because I wear "Rose coloured glasses." The first thing that I noticed was this post on another board that was totally misleading and was designed to give the impression that Dale had sold the 500,000 shares in October that he actually sold in July. That was followed up by saying insiders shorted 100's of thousands of shares in October. I am waiting to see if the insider reports will verify that.

Seems that Mr Dale Ginn sold 500,000 shares after cashing in options at 0.15 for 700,000 shares. Others on the inside sold hundreds of thousands of shares during October as well.
All of which they received at 0.15 cents. ( This can all be checked ).
I am sure its all legal, but does it bode well for the stock ? Why would these insiders sell the stock in and around $2.65 to $$3.00 if they believe their shares will increase well above that on this "supposed 43-101" . Why?

I am waiting to see if the insider reports will verify that. Shortly after that I realized I had received some new votes on my rank dropping me out of the range needed for hub status. I did the math and all the new votes would have had to be 1 star in order to fall that far. I then looked at my posts for the previous couple of days and really did not see anything that would piss anybody off, so I then looked at the Hub Leaders and noticed I was not the only name missing.

The reason I posted this (even if it is only my imagination) is so that members will always try to read between the lines and realize that these boards can be used by self serving opportunists for dubious purposes. The Rice Lake Deposit could be worth many many billions of dollars and one would have to expect those that can, to look after their own self interests over the community. IMHO we were lucky that Ozgoode was right and gold appeared to decouple and took off like it did, as we were about to come under attack. lol

Rookie Prospector

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