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Natural Resource Partners LP Message Board

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  • ski4ru ski4ru Oct 18, 2012 6:02 PM Flag

    THE BIG CAUSE FOR WORRY!!!

    Did a Google trace on the 6m insider trade, looked at the SEC Form 4, it appears the Christopher Cline [owns +10% of NRP] basically transfer units from one of his privately held -Adena Minerals to another Foresight Reserves and himself, basically decreased holdings held by Adena and increased Foresight / personal holdings. Why? no idea, his net worth is 1billion+ so might be a tax thingy or buying new yatch. IMHO is not cause for concern or panic. Tempted to increase holdings but would overweight me in the mining sector.

    Sentiment: Strong Buy

 
NRP
16.46+0.26(+1.60%)Jul 22 4:02 PMEDT

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