You can't argue that insiders are getting a lot cheaper paper than outside investors can purchase at today's share price, although the insiders get warrants with it, but the stock is not free trading either. Randy Turner, holds 1.5 million shares in WSP as well as warrants and options. Mike Muzylowski, holds 80,000 shares in WSP as well as a few hundred thousand in warrants and options. Firstly, CYP has the support of people with knowledge in the business. After all, WSP has been very successful in developing the NWT diamond property.
Good management is a very important ingredient to be a successful company.
CYP is much more than just Don Huston, President of the company. The bottom line is that access to cash should not be a problem for CYP, which is a problem for many junior mining companies. With cash in the bank, good properties and experienced management, this company is going places, and the place is much higher share price. Based on recent results and more to come from the current drill program, this stock is a 10 bagger. The company has around 4 million shares outstanding of which 2 is held by insiders .