Just at the time when MMN really, REALLY needs a confidence boost in their shares, as the silver price is starting to head up, and when the options expire today, what does our esteemed director do?
He SELLS some shares! What an idiotic move. I know it was 'only' 200,000 shares at 11.5 cents, and he may well have needed the money to get his car fixed or something, BUT what a stupid time to do it. You'd think if he needed $23,000 so badly, he would have got a bank loan or an Aussie home loan, or something. But the message that this sends to the market, with a director selling, is a BAD one.
NOT a good move Denis!!
What you should have been doing is buying shares, like the directors of GRR have been doing all the way down, and now look what's happening to the GRR share price....
I'm still holding my MMN, but have just about lost faith in this company who have done nothing but ask the market for money since I first bought these shares a couple of years ago.
MMN
macmin silver ltd
