GREY:VITFF - Post by User
Post by
valuekingon Sep 27, 2011 10:00am
460 Views
Post# 19087955
What does the insider buying mean?
What does the insider buying mean?1) It means that the board and management, the people with the most knowledge of the company, and who make the most important decisions for the company, have confidence that VIT is a good investment at this point to put significant personal investment into the company. Therefore, despite the fact that some dilution will need to occur to finance the build of Eagle and future exploration across the portfolio of Yukon and Nevada properties, management and the board do not feel that too much dilution will occur to make shares unattractive at this time.
2) If you are here, and therefore likely believe that VIT is a good investment yourself, then it shows we have prudent-minded investors on the board and management teams who will take advantage of profitable opportunities when they present themselves.