RE: Lots of insider activity - somethings up...The premium for SGL "seems" nice, but if the play is viable (as FM obviously believes it is), current takeout price is a sorry joke, especially as they traded higher $1 higher in the past year. Current share price is due to lack of news, not lack of value. FM making a very opportunistic buy imo. I guess they want to diversify out of Zambia/DRC and give themselves a bit of political stability.
GMI should be a $4-5 stock in a year. Anything less than 100% premium from these prices would be a travesty.