Re: Management - Insiders Continue To Dump - Sea Change Coming?
in response to
by
posted on
Apr 28, 2011 09:37AM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
"Courtney has sold 340,000 shares in the last 2 weeks. He has almost sold his entire publicly traded stake of SGR. I'd say he's ready to move on and the 'still have to live' point is comical."
I didn't realize he sold that much. in that case, it does seem significant. I'm not sure what to peg it on but I like Rook's theory that perhaps it's just a change of directors. maybe he's getting out.
Not sure what a takeover would have to do with selling off all share? wouldn't you want to stay in till the takeover is announced to get the most money possible? I'm not sure I want to see a takeover, not unless the price is 5.00. I see this stock getting up there by themselves over the next 12-24 months.