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Monday, October 05, 2015 9:02:08 AM
Insiders sold shares all along and provided Auryn with some to sell to fund exploration.
I certainly wouldn't be a buyer.
I'd agree if you got sucked in much higher, might as well hold and hope for a miracle. At least wait to later in the year to take the write off.
It COULD be a lot of things, but most likely, the same as the past drilling seasons - carefully worded PRs following long droughts of information, hype and lies from insiders, wild speculation from *many* and continued insider selling (while steadfastly refusing to disclose their holdings. )
Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson
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