Gazelle. Sorry about lack of reply. It's not the directors...

Gazelle. Sorry about lack of reply. It's not the directors offloading, it's foundation investors who have varying escrow conditions. The directors are in escrow for over 12 more months. I'm not surprised they're offloading. Foundation shareholders have a low entry price so are only taking small losses. Directors got in at even less (< 1 cent per share). The problem with all the mining juniors is that the run is over. Like the late 1980's none of them will be ale to raise any more cash (unless they have a one-in-a-million find). All new junior IPOs are struggling. So they just slowly burn cash over five or six years and the share price continues to hover around cash asset backing. Juniors are struggling even more in this environment because input costs are so expensive as the majors are booming (gear, assay testing, staff). GLM may find something amazing but current results suggest they have some pretty average tenements. Nothing exciting about their management or backing either. The glossy prospectuses were nice but it's really expensive to drill holes and if there's nothing much in them you only get a few rolls of the dice.