Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

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Message: Re: lets look at something
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Jun 07, 2012 09:41AM
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Jun 07, 2012 10:07AM
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Jun 07, 2012 10:13AM

Longball, things are not always what they seem. Lori could be giving these shares to somebody or they could be going into another account for maybe tax purposes. Or, she could be as simply needing money. Keep in mind the sp is far below the strike price of the last options, at .72. Management has to live and a big portion of their yearly income is from options that are issued to them. If management are unable to exercise options at a higher price than the strike, and if they need money, they pretty well have to sell shares they have to get this money. Her selling has been controlled and I would guess that these shares are going into safe hands because I know of existing shareholders that are constantly buying at these low prices.

IMO

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Jun 07, 2012 11:04AM
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Jun 07, 2012 11:59AM
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Jun 07, 2012 12:01PM
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Jun 07, 2012 01:54PM
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