RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:the million shares today ?SIdebet, why did Sprott once have 20% of Metanor at one time. How did that work out for him?. There have been 3 or is it 4 management teams since the merger that have all bought shares and every one of them is in the red or sold them for less than the got them for.
Second, I don't care if insiders are buying or selling. I care what the company is doing and what the financials look like. I get it, there aren't that many bright spots with this company so you have to focus on anything you think is good news and that is insider buying. It's called a diversion. Look at what were doing here and pay no attention as to whats going on over there. I'll try and make it easier for you. We just lost 2 deposits, mothballed our latest plan, and are only doing essential operations. Plus we are moving to the underground at Barry be we don't know how we are going to mine it in 2-3 years. But don't pay any attention to that the good news is insiders are buying and we'll have some good news in a month or 2.
Again listen to the investor update. All the bad news was done first, then in the last 5 minutes we get insiders are going to be buying and there will be some good news in a month or two. They had to end it with something positive. Imaging if the presentation was reversed. They put out the insider buying and good news release in a mnth first then the remaining 25 minutes was full of the bad news. No one would have remembered the so called "good news". So the 2 so called good news items at the end changes the flow from all the bad news plus it's the last thing invesotrs hear. It's much like the Gottcha words I keep telling you about that you still haven't got a feel for.
I'm sorry, but right now Urban Barry is not the next great Canadian gold camp. The Golden Triangle looks a lot better.