Question about LSGGood morning, all.
Disclosure...I have held Temex for several years. Back when you couldn't go wrong on decent juniors, I bought Temex (along with Trelawney and a few others) on the recommendation of a friend who had a lot of first hand experience in the business. Of course, there was a lot of low hanging fruit then, with Gold about 70% higher than today.
I bought more Temex as it dropped, thinking that if it was a good buy at over 30 cents, even with gold dropping it is still a bargain below 10. I don't know how this will all unfold, but it's been an interesting ride.
A number of people have posted opinions about LSG. I expect that a lot of the posters know a whole lot more than I do about this, but i have a nagging question...
Part of my DD has been to check to see how heavily the insiders are invested...ie., are thy putting up their own money to buy shares. So, I ask "how many common shares do the management and board memebers have?" I don't count options or warrants, because, althought they are not freebies, they most often do not require an outlay of cash.
I have been checking the insider reports on LSG. What I see is not encouraging. Am I missing something? Can somebody give me some insight? Am I reading the signals wrong?
GLTA