Re: Insider buying-you were right money75
in response to
by
posted on
Jan 28, 2011 09:50AM
New Discovery Resulting in a 20KM Mineralized Gold Belt
Wow now that is what i call meaningful insider activity.. 300,000 share buy? I have always thought the last couple months a good thing management could do to install investor confidence would be to buy shares.. The timing and size of this transaction makes me speculate we may see more holes released sometime next week and they were bought anticipating a SP bounce. Regardless if we see results next week or not, its pretty hard to argue that at this point they do have a good idea of the results, and anyone who's an insider buying that many shares must think they are going to be pretty well received by the markets no?