RE:RE:Insiders buyingThe insiders are being paid large salaries and my guess is that they have been encouraged to throw some money at this to give the appearance of liquidity.
The comment on insider ownership is nonsense. BTO bailed because of poor geology. The shares were issued to them as part of their departure. Same goes for Centerra.
The company and its directors need to be transparent about the geology. If anything, an independent third party geologist should be required to prepare a report to provide the shareholders a truthful picture.
Right now, this is trading at the valuation of a corporate shell only. The Company does not even highlight the geology in its corporate presentation. It talks about the past accomplishments of its Board members who are being paid substantial amounts to stick around. Very troubling...