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Message: can someone explain to me why Peter Smith has been selling shares as per Aug 10

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joe

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can someone explain to me why Peter Smith has been selling shares as per Aug 10

posted on Aug 11, 09 04:52PM

Canadian Insider. If they are so sure the ore body runs into FNC property wouldn't they be acquiring and not selling. I hold a fair chunk of FNC as well as other players in the ROF and I don't see any of the others major players dumping.

Joe

Aug 10/09	Aug 04/09	Chapman, Debra Joan	Direct Ownership	Common Shares	10 - Disposition in the public market	-50,000	$0.980
Aug 10/09	Aug 03/09	Chapman, Debra Joan	Direct Ownership	Common Shares	51 - Exercise of options	50,000	$0.500
Aug 10/09	Aug 03/09	Chapman, Debra Joan	Direct Ownership	Options	51 - Exercise of options	-50,000	$0.500
Aug 10/09	Aug 04/09	Smith, Peter Henderson	Direct Ownership	Common Shares	10 - Disposition in the public market	-99,000	$0.950
Aug 10/09	Aug 04/09	Smith, Peter Henderson	Direct Ownership	Common Shares	10 - Disposition in the public market	-1,000	$1.000
Aug 10/09	Aug 03/09	Smith, Peter Henderson	Direct Ownership	Common Shares	51 - Exercise of options	200,000	$0.500
Aug 10/09	Aug 03/09	Smith, Peter Henderson	Direct Ownership	Options	51 - Exercise of options	-200,000	$0.500
Aug 10/09	Jul 31/09	Smith, Peter Henderson	Direct Ownership	Common Shares	10 - Disposition in the public market	-67,500	$0.800
Aug 10/09	Jul 31/09	Smith, Peter Henderson	Direct Ownership	Common Shares	10 - Disposition in the public market	-1,000	$0.810
Aug 10/09	Jul 31/09	Smith, Peter Henderson	Direct Ownership	Common Shares	10 - Disposition in the public market	-31,500	$0.830