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Message: Re: Insider trading
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Oct 23, 2007 09:36AM
Frankly I see the relative small amount of institutional ownership as a plus at the moment    ....for when they really start buying this stock it should have a nice upwards "pop".     This stock really strikes me as an undiscovered entity.     I can only wonder too how many companies are scanning the horizon for a buyout of a company like this.    NXG, in particular, has over 315 million in cash and is in need of a company like this after the environmental panel in  British Columbia gave a non-recommendation for the Kemess North mine.   And they would love to buy a company in Mexico.    But who knows?   I doubt that it will happen, but then anything is possible.   If so I would want 2.00 to 2.50 a share, minimum    ......notwithstanding a hostile takeover, of course.    Regardless this stock will do well on its own.    Insider buying is always a good thing.   (But I'm not sure what is holding this stock back some.    No worries.   The market is never rational.   Patience, as always, will be the key to being rewarded.)
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Oct 24, 2007 01:19AM
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