RE: RE: RE: May 7 > insider selling - GCU Stifel Nicholas is based in St. Louis, Missouri. Can't see any connection with their trades being insider trading. I know Hennigh is an American, but given what is going on at Springpole Lake, why would he be selling?
As someone else pointed out, GCU is down substantially today (%), compared to other junior stocks. As I've said before, I believe that there is a concerted effort by a few, to drive this price down (shorting). The broker houses that are selling, and then buying, are obvious. You just have to look at the broker numbers on the TMX site. So what is it, management, the deposit, the lake??
Today's decline of GCU, (as well as other days) has nothing to do with what is happening to the junior miners in today's market. When you see GCU down 14%, PRB down 5%, RR down 8%, OSK down 7% etc, one has to wonder about the manipulation that is going on with GCU.
I, for one, am glad that the management of GCU are focussed on what will be a pretty nice gold mine in a few years.
I understand what the shorters are saying, that in this world of investing, you make money, both on the ups and downs. I agree. But when the elastic band has been stretched so far down, that's when it decides to spring back, so you guys watch out, as the elastic band may snap back, before you have time to react.
Good luck!