The bullish indicator Dec 9th..

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Goldstar40

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The bullish indicator Dec 9th..

posted on Dec 09, 2008 06:43PM

See below for the chart link.

From Casey's Charts:

The Ink Sentiment Indicator is a ratio of insider buying over insider selling of stocks on the Toronto Stock Exchange. When buying exceeds selling, the ratio increases, a sign that more companies’ senior managements are bullish on their own stocks.

To put it in perspective, the 200% level reached last January was considered bullish for Canadian stocks, including a majority of the junior mining and exploration stocks followed in the International Speculator. The meltdown in equities since August has quality companies so vastly oversold that insiders are jumping at the opportunity, driving the indicator 2.5 times higher to new “extremely bullish” levels.

But buying simply to follow the insiders isn’t a sound strategy. The Ink Indicator is the first hint to value-shoppers that it’s time to buy. The next step is finding the quality companies with real prospects, experienced management, and cash in the bank