Replies to post #49422 on Medinah Minerals (MDMN)

[Medinaminer]

Assuming sales of 300M to 260M shares over the course of the last six months, if one takes a rough average selling price of $0.10 per share and makes a wild assumption that 10% of the sold shares were from insiders (no way of knowing, just a WAG), that would equate to roughly a take home pay of $3M for a period of six months for the insiders.

How many insiders account for about 10% of the sales, 3, 4, 5? Even if six insiders sold at $3M, that would be $500K per for a six month period, and annualized about $1M each for six insiders. Not a bad pay for a six/twelve month wait. Beats punching the clock at the office.