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Re: None

Thursday, 08/20/2015 8:42:26 PM

Thursday, August 20, 2015 8:42:26 PM

Post# of 63744
As most here are aware, Banro has seen nice insider buying this year:
http://www.acting-man.com/?p=39408
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What Insiders Know

With respect to buying by insiders in a sector in which producers have very little or no control over the price of their product, one needs to keep a few things in mind. Insiders in the gold sector usually have no special insights into future gold price trends (there are a few exceptions). In fact, quite often their estimates of the extent or direction of future moves in the gold price turn out to be wrong.
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One thing corporate insiders are definitely aware of is whether their companies’ shares are undervalued or overvalued relative to current gold prices. It is rare that insiders in this sector buy a lot of shares in the open market, so when they do it is a sign that there must be a quite sizable gap between market valuations and what they believe to be fair value.
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