Yale Simpson is selling again.
Back in October, our pal Yale (director at DMM.to as well as the driving force behind Exeter Resources (XRC.v)) sold 18,000 of his DMM.to shares at an average of $2.84.
Then Mr. Simpson, owner of the rather long and convoluted nickname of “honestly-one-gram-per-tonne-sulphide-mineral-buried-half-a-kilometre-underground-at-thirteen-thousand-feet-above-sea-level-is-economic”, sold another batch of 10,000 DMM.to at an average of $4.31 in late January early February.
So today we note that Yale has just unloaded another batch of 10,000 shares (and also activated 50,000 of his 1.8m options).
| Mar 16/09 | Mar 12/09 | Simpson, Yale Ronald | Direct Ownership | Common Shares | 10 – Disposition in the public market | -2,100 | $5.260 |
| Mar 16/09 | Mar 11/09 | Simpson, Yale Ronald | Direct Ownership | Common Shares | 10 – Disposition in the public market | -5,800 | $5.100 |
| Mar 16/09 | Mar 11/09 | Simpson, Yale Ronald | Direct Ownership | Common Shares | 10 – Disposition in the public market | -2,100 | $5.050 |
| Mar 16/09 | Mar 12/09 | Simpson, Yale Ronald | Direct Ownership | Common Shares | 51 – Exercise of options | 50,000 | $0.750 |
| Mar 16/09 | Mar 12/09 | Simpson, Yale Ronald | Direct Ownership | Options | 51 – Exercise of options | -50,000 | $0.750 |
By the looks of things, this augers well for another sharp rise in DMM.to shares in the near future. Thanks for the tip, Yale!