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Bullboard - Stock Discussion Forum Malaga Inc MLGAF

Malaga Inc. is a mining company. The company, through its subsidiaries operates tungsten mine and gold plant with mining and exploration activities focused in Peru. The operations, exploration and development activities on the Pasto Bueno Property are located in the Ancash Department, Central Peru. The company also owns and operates in a hydroelectric asset. The company owns 100% of the... see more

GREY:MLGAF - Post Discussion

Malaga Inc > Insider buying
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Post by mbonikow on Feb 02, 2012 9:02am

Insider buying

I guess I am not the only one thinking there is great value here. Insiders buying last few days. 

Once the monkey on the offer gets absorbed this stock will lift nicely.

Comment by dlindy14 on Feb 02, 2012 1:10pm
Recent insider buying is under 300k and tiny proportion of the huge volume of late, begs the question who's buying and selling at these significant volumes. I agree that the fundamentals appear strong and once the dump is done we will see lift. Long and strong...and accumulating. GLTA!
Comment by mbonikow on Feb 02, 2012 3:15pm
Looks like the dump might have ended. I am not seeing the same order refreshing anymore.  If correct those will be the LAST 10.5-11 cents shares you will see for a while. 
Comment by cowpoke1 on Feb 02, 2012 4:36pm
           I hope you are right, has to end some time, be nice to go over .12 to end the week.
Comment by texasbob on Feb 03, 2012 11:16am
Latest 10 SEDI filings (by transaction date) for MLG within the last 6 months [?] Amended Filing As of 11:59pm ET February 2nd, 2012 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value ...more  
Comment by noleafclover on Feb 03, 2012 11:54am
thanks for posting texasbob.  I see this as a bullish signal.  The newly appointed ceo, Pierre Monet, has purchased 200,000 at market, that's about a $20,000 personal investment in addition to what he already owns.    
Comment by texasbob on Feb 03, 2012 2:27pm
Usually, management knows who's selling, especially in this size, and how much they have to sell. Their buying in the last few days is a bit of an all clear. Although, they can be just as wrong as the rest of us. :-) I've been watching for awhile and bought a little this AM.   glta    
Comment by cowpoke1 on Feb 03, 2012 2:45pm
     could that seller finally be out of shares?
Comment by texasbob on Feb 03, 2012 2:51pm
That's the idea and the hope. :-)
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