And speaking of insider selling....

...as we were doing yesterday, here's another bunch that are taking advantage of a price pop to raise some just-gotta-buy-that-new-SUV-have-you-seen-it-it's-gorgeous cash. Our happy bunch of friends over at Exeter Resources who have given it the 1) publish feas study 2) get love from anal yst community (who are all underwater on their calls and targets) 3) sell shares into the pop 4) ?????? 5) underpants gnomes 6) profit!

Feb 2/12	Feb 1/12	Grey, Robert	Direct Ownership	Common Shares	10 - Disposition in the public market	-2,400	$3.85
Feb 2/12	Feb 1/12	Scheving, Douglas Wayne	Direct Ownership	Common Shares	10 - Disposition in the public market	-8,600	$3.87
Feb 2/12	Feb 1/12	Scheving, Douglas Wayne	Direct Ownership	Common Shares	10 - Disposition in the public market	-7,800	$3.82
Feb 2/12	Feb 1/12	Scheving, Douglas Wayne	Direct Ownership	Common Shares	10 - Disposition in the public market	-600	$3.80
Feb 2/12	Feb 1/12	Scheving, Douglas Wayne	Direct Ownership	Common Shares	10 - Disposition in the public market	-3,000	$3.94
Feb 2/12	Feb 1/12	Simpson, Yale Ronald	Direct Ownership	Common Shares	51 - Exercise of options	100,000	$2.39
Feb 2/12	Feb 1/12	Simpson, Yale Ronald	Direct Ownership	Options	51 - Exercise of options	-100,000
Feb 1/12	Feb 1/12	Scheving, Douglas Wayne	Direct Ownership	Common Shares	51 - Exercise of options	20,000	$1.99
Feb 1/12	Feb 1/12	Scheving, Douglas Wayne	Direct Ownership	Options	51 - Exercise of options	-20,000	$1.99
Feb 1/12	Jan 31/12	Scheving, Douglas Wayne	Direct Ownership	Common Shares	10 - Disposition in the public market	-2,600	$3.94
Feb 1/12	Jan 31/12	Scheving, Douglas Wayne	Direct Ownership	Common Shares	10 - Disposition in the public market	-300	$3.84
Jan 31/12	Jan 31/12	Grey, Robert	Direct Ownership	Common Shares	10 - Disposition in the public market	-25,000	$3.89
Feb 1/12	Jan 30/12	Scheving, Douglas Wayne	Direct Ownership	Common Shares	10 - Disposition in the public market	-17,100	$3.88
Feb 1/12	Jan 30/12	Scheving, Douglas Wayne	Direct Ownership	Common Shares	51 - Exercise of options	20,000	$1.99
Feb 1/12	Jan 30/12	Scheving, Douglas Wayne	Direct Ownership	Options	51 - Exercise of options	-20,000	$1.99
Jan 31/12	Jan 30/12	Grey, Robert	Direct Ownership	Common Shares	10 - Disposition in the public market	-27,600	$3.71
Jan 31/12	Jan 27/12	Simpson, Yale Ronald	Direct Ownership	Common Shares	10 - Disposition in the public market	-30,000	$3.60
Jan 31/12	Jan 27/12	Simpson, Yale Ronald	Direct Ownership	Common Shares	10 - Disposition in the public market	-80,000	$3.44
Jan 31/12	Jan 27/12	Grey, Robert	Direct Ownership	Common Shares	10 - Disposition in the public market	-25,000	$3.53
Jan 31/12	Jan 26/12	Grey, Robert	Direct Ownership	Common Shares	10 - Disposition in the public market	-20,000	$3.39
Jan 31/12	Jan 26/12	Grey, Robert	Direct Ownership	Common Shares	51 - Exercise of options	100,000	$1.99
Jan 31/12	Jan 26/12	Grey, Robert	Direct Ownership	Options	51 - Exercise of options	-100,000	$1.99

Not bad for a week and a bit's worth of work, such a generous sector.

But this is nothing to worry about! At all! Truly! All you need to do as a concerned shareholder is phone the XRC IR department and they'll explain the situation. In fact, they have a script typed out and waiting for you so don't let all their prep work go to waste, yeah?