GREY:CPYCF - Post by User
Post by
orrzeeon May 22, 2013 12:40pm
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Post# 21427013
Insider buying
Insider buying Very good point 2guys. My guess is that we could see things skate lower over the next 6 months (my guess as to how long the re-application will take). If we don't see any insiders buying shares at some point that would be very telling. When you think about it although they have quite a bit of information to put together, it is kind of like getting a test back with all the answers provided. It should be very possible to complete the application successfully if they are willing to put the time, and likely money into it. Where that money is coming from I don't know. I truly feel that they wouldn't be going through the motions right now if they didn't believe the application and the mine will be approved. We still have to remember that the right government is in place in BC which no one would have believed 2 weeks ago. Have no doubt things certainly could be better, but if things were hopeless they wouldn't be re-applying. The bottom line is the resource is there and isn't going anywhere. The next year will be very interesting. Who knows, if the application gets approved I may even jump in and buy some cheap shares. I certainly won't be prior to that time, if we see insider buying any time before then it will be a very very good sign. We shall see..........
JMO
OrrZee