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Alias Born 02/12/2012

Re: None

Thursday, 02/27/2014 12:01:07 PM

Thursday, February 27, 2014 12:01:07 PM

Post# of 1660
These guys (mgmt) sold a serious amount of their position in PMI.

They sold it when Shell was (still is) drilling an evaluation well. (Sold millions of shares at 5 cents or so.)

They sold the share at a very low lever to raise money for their rehab project. (Which has yet to take place...I assume the money has been spent on other things...salaries.)

Meanwhile, PMI is at 24cents today.

It was soooo obvious that it was a mistake when the transaction was made. These guys should be in jail.