David Reid, co-founder, director VP Expl, Secretary and treasurer of Gold Resource Corp (GORO) has been cashing out.
According to the filings that the rabid GORO faithful either never read or ignore, Between May 11th and May 19th, he sold 65,701 of his shares. If we assume he got an average of U$28 for each one (some he sold in the 27s, some in the 28s) he'd have raised U$1.84m from the sales.
