RE:Have Insiders Been Buying Coro Mining Corp. (TSE:COP) SharesCarrieWong wrote: It’s good to see that Coro Mining insiders have made notable investments in the company’s shares. In total, insiders bought US$94k worth of shares in that time, and we didn’t record any sales whatsoever. This is a positive in our book as it implies some confidence.
Good to see a new poster. Good luck...I reloaded at 5 cents - post-rights - and got out last week for an easy double. There might still be some meat left on the bone for this stock. The dog-and-pony shows last year in LA, Whistler, London UK and Oregon and recently in NYC didn't move the needle one bit on the stock price - a waste of time. Also, hiring a new Chilean CFO and not one with the designation as a Canadian Chartered Professional Accountant (CPA) or US Certified Public Accountant (CPA) is questionable for a public company listed here. COP's stock Cap has gone from over 100 million to an almost unwieldy 1.4 billion shares. They might need to raise more money and further dilution is inevitable. COP does have promise, but these hedge funds guys have their own agenda. Sometimes, it would be better to buy into a pump-and-dumper rather than a "dead sitter" as at least the stock would shoot up and you have a chance to get out before the fraudster dump. It has been over 2 years since the stock got up to 20 cents.