yes Mr Forest and his team got 5.5mil shares at 40c which was for when the stocks were consolidated so only recently.
Also of interest Dougy sold off 250,000 at 35c (70c post consolidated value) on the 16th April.
Yes, I know this is a tiny amount, but with his inside knowledge of the company why do it unless he thought he was getting a good price for it? - when 2 weeks later he could have got 5x his money.
Just shows how over valued this stock is. a realistic true value of this stock would be in the 60c - 70c range
NIA
niagara mining limited
