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litole

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litole

Re: Coho20 post# 7666

Wednesday, 06/26/2013 9:07:50 PM

Wednesday, June 26, 2013 9:07:50 PM

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Why will insiders sell or buy at this time?
They will hold as they know more than we know and have been with the company long enough to know the true intrinsic value. Compare and contrast GBG with HRG (gold producing mine in Russia). HRG majority shareholders offered to buy the mine under 30 cents and I was one of them who opposed and put the price at 1.10. The mine turned around and share did hit above 1 dollar within few months of the bid to buy failed.

What has one got to lose from a share that is trading below 1 cent?
And what potential to gain-?
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