there is at least one group of investors who think junior mining stocks are cheap, and are buying aggressively: company insiders. this report by gene arensberg says the ratio of insider buying to selling has hit an all-time high. i hope they know what they're doing.

If my stock were trading below the breakup value of the company, I'd buy it too. That says nothing about the company as a going concern though, only what it's worth if wound up.

Insiders have a stake in getting out what they put in. That's not profit motive, it's self preservation. Don't confuse the two, or the stock you buy may be them selling.

Not being purposely contrarian here. Just looking at it from their point of view. I'm sure many of these companies *are* viable. Problem is figuring out which ones, and under current circumstances, insider buying may not be much of a guide.

ebear