MMN macmin silver ltd

why are the directors selling? 1. 600,000 DIRECTOR 20 CENT...

  1. 729 Posts.
    why are the directors selling? 1. 600,000 DIRECTOR 20 CENT OPTIONS
    EXPIRY 31/12/2007

    PhillW : “Will he or won't he????”

    He has already done it.
    So Uncle Bob is at it again.
    Selling into strength.
    More money for NGG, yeah sure!

    Now ask this question – why would any of those in the holy MacMin chambers exercise options so far ahead of the expiry date and have a capital outlay if it wasn’t because they are selling???

    Even the boys and girls outside the board room are in on the secrets.
    2. 250,000 EMPLOYEE 20 CENT OPTIONS EXPIRY 12/11/2008

    So why would the insiders – Uncle Bob and son Peter as well as other staff - be exercising and selling if the stock price is expected to keep going further north form here?

    What do the insiders know about Texas or the company that we are still to find out??
    Equipment or site problems? Legal issues?? Or an unattractive takeover in the making?
    …Or what?

    Some warning bells should be sounding.
 
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