Replies to post #4543 on Tri-Valley Corp (fka TVLYQ)

[guilium]

Very interesting. He resigns one week and then makes a straight purchase of shares on his way out the door, with 150,000 options (that are way out of the money) sitting on the table. Hmmm

[jonesieatl]

Thanks Howard.

As guilium says , interesting. Who knows what sort of agreements are made during an exit. Was there an exit package? I don't think TIV makes those public. Was buying those shares a condition of retaining all of those out-of-the-money options? Or was it purely a sign of his confidence that TIV should be trading higher than $3.18 before too long?

Insiders sell for any number of reasons. Typically they only buy for one.

Hopefully TIV will perk up before long. 3Q08 quarterly report due out in a couple of weeks? It will be interesting to see July , August and September's oil/gas revenues.

Good luck to all.

jonesie