RE: Why Insiders Keep Buying ?This is not insider buying. This site obviously picks up on alot of transactions including (I guess) former employees, larger shareholders etc. The real and very few insider deals show up in Canadian insider.
My guess is that the recent 100k buys are part of the buy back program. Another guess is that broker number one that in the last minutes of the trading day completely wrecked the share and started the same way, that this is broker warrants being sold out. I do however not believe it is the beginning of them selling, rather the end. This also accounts for the increased number of (net) shares we saw in the latest pressrelease. Please do not treat these guesses as facts, they are merely speculations.
Regarding todays REE pricing action we could see increases in both FOB Terbium and Dysprosium metal. Dacha holds oxide but these increases naturally increases the chance that the oxide will soon follow. (Asianmetal)
Looks like we are seeing another one of those tiny corrections (buying opportunities´) before we move higher, and this possibly simply due to the rapid dumping by broker warrants.