Quality Properties, Insider Buying, Low FloatTook a position this week.
- Very low float under 13 mill. shares that you rarely see in an exploration company
- 3 properties in Moosehead area, awaiting grab sample Results
- property adjoining Great Bears in Red Lake camp
- non stop insider buying on open market
Its the Red Lake property that really appeals to me. This is the only company I know with a property joining their's and if you look at map, rocks strike right onto PIvit's property. When they announce they going in here I think the sp will really move. Can easily see the sp 25-30 and higher depending on results.
0.50 wouldn't be a stretch at all for this company with its properties and float of only 13 million shares.