InvestorsHub Logo
Followers 53
Posts 4314
Boards Moderated 0
Alias Born 02/28/2010

Re: None

Wednesday, 11/28/2012 12:46:45 PM

Wednesday, November 28, 2012 12:46:45 PM

Post# of 30708
Even at 3 cents most of the major share holders will have substantial gains for the year as many of them purchased shares below a penny. Some purchased shares at half a cent or less.

With the expectation of higher capital gains taxes next year some of the recent selling may be due to some limited profit taking by some of these individuals.

Also I think the delay in starting gold production combined with the company's failure to update the shareholders on any progress at the Tarantula site is causing some small investors to sell and move on.

Hopefully management is reading this post and gets the message.