THB 4.76% 2.0¢ thunderbird resources limited

watch it !, page-74

  1. 23,108 Posts.
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    Hi ace

    all valid points imo however Wood hasn't been selling. It is simply dilution that has created the sub holder announcements. Petersen has been only selling enough to exercise the options. (info provided by Kell).
    I think that can only be seen as positive.
    Also don't forget Kell himself added another $20k worth of options to his pile in Dec. Not a huge outlay but you wouldn't stump up cash if they thought results were goingt o be bad and therefore risk the options not being in the money at exercise time.

    The latter was one of the main reasons for my continuing confidence that the assay numbers will be good. Originally just in for a trade but the more I see the more I like.

    Decisions will however be made once the assay numbers come back (hopefully with in a week)
 
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