RE: RE: Insiders are Buying not selling???The only sellers here are chart-obsessed day-traders, not insiders. Most everyone now trades using hackneyed rules-of-thumb: chasing double bottoms, timing head and shoulder inversions, selling in may, buying rumors, selling news - do they even know what business this company is in? Do they even know the company is drilling highly-prospective virgin gold districts, not to mention the diamonds, nickle, silver...? We're about due for a follow-up news release, perhaps this week, probably next, so why the dumping today?
Oh, btw, money for exploration comes from the company issuing new shares. Even when an insider sells, it's for their own account. They do not sell on the company's behalf. And for every seller there is a buyer. Basic finance stuff, maybe too complicated for the avg. day-trader to attempt to understand.