Thursday, January 7, 2010

Deeds, not words

So the President of Colossus Minerals (CSI.to) thinks the best thing to do with CSI.to shares is to sell them.

Colossus Minerals Inc. (CSI)

As of January 6th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Jan 06/10 Jan 04/10 Wall, Vic Indirect Ownership Common Shares 10 - Disposition in the public market -27,200 $5.800
Jan 06/10 Jan 04/10 Wall, Vic Indirect Ownership Common Shares 10 - Disposition in the public market -2,200 $5.820
Jan 06/10 Jan 04/10 Wall, Vic Indirect Ownership Common Shares 10 - Disposition in the public market -600 $5.880
Jan 06/10 Jan 04/10 Wall, Vic Indirect Ownership Common Shares 10 - Disposition in the public market -10,000 $5.900
Jan 05/10 Dec 30/09 Wall, Vic Indirect Ownership Common Shares 10 - Disposition in the public market -30,000 $5.910
Jan 05/10 Dec 30/09 Wall, Vic Indirect Ownership Common Shares 10 - Disposition in the public market -10,000 $5.890
Jan 05/10 Dec 30/09 Wall, Vic Indirect Ownership Common Shares 10 - Disposition in the public market -10,000 $5.910
Jan 05/10 Dec 30/09 Wall, Vic Indirect Ownership Common Shares 10 - Disposition in the public market -28,200 $5.800
Jan 05/10 Dec 30/09 Wall, Vic Indirect Ownership Common Shares 10 - Disposition in the public market -20,000 $5.840


So be it. A mote in your eye, a beam in mine and over $800,000 in Vic Wall's back pocket. Here endeth the lesson.

UPDATE: CSI.to down another 5% today at the bell. What say you, owly?