RE: Insider activity Thanks for the update 15002post. I wouldn't be reading too much into that. My guess would be someone was a little too generous in the gift giving area at xmas and just got the bill.
Another tough day out there. Personally, this disconnect issue between the price of gold and price of gold shares is beginning to drive me bananas. MDR is not special in this way. Where are the big caps looking for reserve replacement. Where are the mid tiers needing to build production with cheap oz's in the ground. Just to show we are not alone have a look at this Casey article. Compare the Pog now to a year ago in their chart and then to the Junior Gold Stock Index for the same time period. Tells you everything about everything except Why? Like WTF gives with this anyway?! I mean unless Amec's report is wrong isn't there a huge margin of safety between the current price of gold and production costs?
Should really ask one of the mid tiers what they are thinking and why very few companies are acquiring. Fear I guess. Gold producers not willing to take a risk. Hows that for a conundrum?
Second article is a John Embry one, feeling the same way some of us do.
https://www.caseyresearch.com/cdd/gold-will-make-new-high-date
https://www.sprott.com/Docs/InvestorsDigest/2011/MPLID_123011_pg461Emb.pdf