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Message: PRB/ROX JV?

At  first glance I was  concerned  about  some insider  selling.... as  usual  using  Canadian Insider  only  give a  10 pixels  of the  protrait .

 

One  should  always   go to  SEDI  for the  complete picture...

 

As  of  today  the  insider   positions are as  such.

 

Hodge   2,722,800 shares and  450,000 options

Palmer  750,000 shares and  500,000  options

Peterson 2,225,000 shares and  750,000  options

Reid   530,000  shares and   1,227,000  options

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Total  6,227,800 shares  and   2,750,000 options

 

or  approximately 30%  of  the  fully  diluted  issued and  outstanding .

This  is  a  vote of  confidence in  spite of the  insider  sells which  have  been  only a  small percentage of their  holdings, and  may  have  been to  facilitate  purchase of  shares in the   placement....That  will be  shown very  soon as the  placement  should be  closed  next  week.... Just the  formality   of  the  closure  as  all funds   are  recieved  and  it   was  oversubscribed... I  was  cut  back  significantley.

 

 

 

 

 

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