Re: General Profit Taking Advise
in response to
by
posted on
Oct 28, 2007 03:15PM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
OK investlots.First let me say that I am a big believer in insider buying if there is lots of it over a number of months and there also must be NO sales from that insider.I know of no better indicator than a person in the know who puts down money at the same price that I can buy the stock for. If anyone believes otherwise I would welcome your comments.
I am not a big believer in analysts recommendations. I once called market call on bnn and asked a question on a mining stock that I owned and was high on. The 'expert' said that he did not like the stock and would not be a buyer at $1.10.I sold less than a year later at $5.00 ( dynatec) Maybe I just got lucky.
The 3 stocks that I own and follow closely that have seen big buying by the ceo's ( with no sales ) are golden band resources(gbn) , Vault Minerals (vmi ) and eloro resources (elo ). Please understand that I have no working relationship with these companies but I do own them. Both golden band and vault were highlighted on INK insider reports within the last week. Do your own dd before considering any action Rico