Hey Fort, Sorry I've been on vacation with family for a few. If I may ask where did you see the insider trading? was it schedule 4s? I have been unable to see that.
I've been with WRN since 2012 flipped it several times to which I'm riding house money now.
2016 was set to be a pivotal year because with in the next 2 the mine will go online and over the next six, metals are expected to rise, this with the value of the Canadian dollar heavily moves this one.
Most stinky pinkies have no money and toxic debt, but what turned me on about WRN was they raised 23 million in, I think it was 2010ish to fund future ops. They have somewhere above 15 million in their coffers and about only 11 employees working. And not alot of peeps chat about it in the forums. Between that I played with some calculations that I've long forgot but put the operational years of the mine versus shares in the float plus metals value and that told me that is during the operational years if we see silver(because gold and copper go up and down with) in the 30s then the operational mine would reach an easy $22 a share, due to company worth, (but we all know this could be higher when investors come flooding in) but among other investors speculation, the life of the mine would also dictate price and some are saying it will operate for about 45 years.
Overall I think this is a run that will at least stay up as long as metals do, China and America dominate/Dictate the metals market IMO these days and in Nov with the election this one could skyrocket or trail down, every time this one drops below .60 i'll pick up some because they have been good to hit that dollar sooner or later. anytime this one hits .20 triple down because the .60 and dollar are almost a sure thing.
Lastly I put a target high two yearsish ago of 1.44 NYSE WRN and 1.937 hit out for the TSX (when I forecasted the .20 on the WRN TSX board) after that it's anybody ball game but I think the dollar may be here 4 awhile.
Please share your link to them insider trades if you will cause I'd love to see em!
