insider buying ...peanuts, not enough from IH board:
Just because our CEO buys a few thousand shares with a deflated price after taking hundreds of thousands of options does not show any confidence. If these salaries are what I'm beginning to believe they are ,then buying 20 or 30,000 dollars worth of stock is trivial.
It's all about the greed in the industry,not particularly towards Blasutti. If these insiders ,including Eric Sprott really believe in the eventual dominance of g&S producers due the eventual dominance of what they term ,"real money",then Why aren't they buying this company up ? My answer is,they're really not sure when their scenario will occur and just like the crooks running the banks,they've learned to be on both sides of every trade. They might not be shorting our company ,but they certainly are not trying to stabilize the price.
They're not thinking of the shareholders of our company,but the shareholders of their funds. This type of bargaining with peoples savings is full of misrepresentation. They (Sprott) stood firmly behind the RX merger ,which has literally destroyed this companies near term value. Why would they care ?
Common retail shareholders have to work at being part of a miner who will operate effectively in bad times (if you can call 27-28 /oz bad ) while setting it's sights on the good times ,paying a dividend in silver or possibly just storing value in common, for holders of the company. We retail shareholders are being diluted out of our savings while the long term goal seems primed to make insiders wealthy at our expense. If we HOLD ,we might do alright but given the circumstances of the eventuality of silver dominance ,we are being skinned,imo. People will leave miners and head for funds ,where again Sprott will benefit. Can they honestly say that their merger opinion was correct ?,that this new management has been effective for it's common retail shareholders ? Total misrepresentation ,imo.
I want our representatives to be decent people of business . Dialogue should be their prologue to success for all of us. When ?