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Bullboard - Stock Discussion Forum Galway Resources Ltd V.GWY

TSXV:GWY - Post Discussion

Galway Resources Ltd > Insiders Still Buying CBJ
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Post by SchiffKnowsBest on Oct 28, 2011 8:29pm

Insiders Still Buying CBJ

Interesting that even with the run CBJ is having that insiders are still buying.

https://www.tmxmoney.com/HttpController?GetPage=InsiderTradeMarker&Market=V&Language=en

This tells me that valuations are still way too cheap and I don't think it's just CBJ we are talking about.
Comment by Dansul on Oct 31, 2011 8:58am
Yes, but the buying was prior to the PR and was lower than $.70https://www.canadianinsider.com/coReport/allTransactions.php?ticker=cbjCB Gold Inc. (CBJ) As of October 30th, 2011 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price Oct 05/11 Oct 05/11 Barnes, Peter Derek Direct Ownership Common Shares 10 ...more  
Comment by SchiffKnowsBest on Oct 31, 2011 9:11am
Hi Dansul, According to the report on Friday insider(s) bought $17,800 worth of CBJ on Friday. This was bought at $1.70. https://www.tmxmoney.com/HttpController?GetPage=InsiderTradeMarker&Market=V&Language=en This isn't a huge amount by any stretch of the imagination. What I am most impressed with is not the buy, it's that even with the double in a week, no insiders are taking ...more  
Comment by Dansul on Oct 31, 2011 9:36am
SchiffKnowsBest, I think what you say it make since, but I still convinced based to my information its a big game going on.GLTA,Dan
Comment by SchiffKnowsBest on Oct 31, 2011 9:47am
Hi Dansul,I definitely agree with you.  A huge game going on indeed.The greatest evidence of this is that Credit Suisse is selling loads of shares over at CBJ and then buying at GWY.I am following Credit Suisse as they are the "smart money" to me.
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