Rolling Thunder Exploration fka ROLA

[oldguy]

to the wawh you asked where bruce mitchell buys he buys the canadian flow thru shares if you are not familar with them hers how they work depending on which providence you are in by the way canadian citizens only the tax write offs of the company go to the shareholders this is a one time deal not each year but it can amount to 40 to 60 percentof the money invested so if the investor was to buy from the company 1 share at one dollar and get a 2 year warrant to buy 1 share at 1.25 his total investment is one dollar they are subject to a 4 month hold period at the end of the hold period someone like mitchell who thinks the stock is under valued comes in and buys the large block at say 85 cents the sellers cost is only 40 to 60 cents so he has a nice profit and still has the warrants the sellers risk is the stock goes down during the 4 month hold period and no buyers emerge this was set up by the goverment to get investment funds for the oil gas and mineing industry if you look at the date of the transaction and then go out 4 months on many of these companys it is an excellant time to buy as they are often dumped on the open market and the stock will take a short term tumble best of luck THE OLD GUY