Long Run Explor Ltd Ord WFREF

RE:RE:RE:Another Insider Buy - 50,000

[99999gold]

groupguru wrote:

99999gold wrote:

Highyield777 wrote: Jan 27 - Michael Graham - 50,000 @ 1.10

lipstick on a pig is still a pig - I think you'l agree these buys have not helped the stock at all. 

In what way has it hurt LRE?  I tend to disagree with you, I would rather be in it with a management team that believes in their companies future and are willing to put thier own money in, than a company where the Mgt is simply looking for a fast exit.    While I don't think inside buys have done anything for the stock price I think it is good market psychology, and that can count for a lot, especially in these turbulent markets.

disagree all you want - I'm not wrong, psychology does not get you your money back nor it fixes the balance sheet or a falling commodity price. 

that kind of thinking that managemnt is buying and going down with the ship and not knowing when to jump off it is not investing - that's gambling. you all say it's investing but what are you investing in really? none of you guys can't even a balance sheet, ok maybe a select few but most don't even know what those numbers mean. 

just saying.