re: Ann: Outstanding Seismic Results for the ...
Chainsaw - I'll have to have a good look back when I get a chance at directors statements of holdings, participation in raisings etc to see whats what. However what I do know is that just at the last capital raising MB bought paid 150000 dollars for shares in Mantle which was 3 times his pretax salary (of 48000 including share options or 42000 without) from the company. Also if what you say is correct and MB et al were simply riding these companies for the salaries etc then why did he not take profits when the mantle SP was in the 20's and Newera above 4 c. ? At that time his holdings in Mantle was off the top of my head worth almost 10 million. Certainly enough for a man to retire on and never worry about capital raisings, giving loans to Newera etc etc
So although I think they are spreading themselves too thinly with too many projects at least they are busy and not sitting on their asses and I still think their motives are genuine - at least I hope to hell they are at this stage!!
NRU Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held