RE:questionInsiders were buying AAZ I don't believe it had any effect. Consider this: the whole idea of buying a stock is to make money and what if the insiders pretty well knows what they have in the ground. Should they determine one day the value of the property will equate to $900,000,000/based on the market value of Li, do you think they will care to run up the stock or buy on the open market. I believe absolutely not. Since the biggest worry is paying Capital Gains, what would be the best methord of aquiring the stock???...
I don't believe any significant news would evolve pror to May 1st which is the deadline for taxes. Prior to the AGM, I believe the real drama should start. FAT mgmnt focus might just be to work on a initial resource estimate while they keep adding to it. A couple drill results simply makes no sense. Meanwhile I will continue to cut back on entainment budget and pickup tit-bits....
My very first buy on FAT was mid Dec-2016 ....thx to the Bird...FAT + MYM :) I don't worry about the day to day play on FAT. I worry about buying as much as possible. Why, neither Keith or Toby ever indicated the magnitude of the Li is getting smaller nor any dykes walked away from the property and one day FAT would be sold to the best offer. NTY and gold property might just be separate companies and distributed as dividends to share holders. For enjoy the movie.
GLTA....fmb