North Bay Resources Inc (NBRI)

[Phatlander]

Quote:
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch

You are right that if there were to be insider buying, it would be a huge positive. But to say as was posted earlier that Leopold sold some of his shares to get his profit early, may not be fair at all. Perhaps his wife needed a surgery, or his kid needed a college bill paid. We don't know what it was, just that he needed money. If he needed money then, it's likely he doesn't have the extra now to buy back what he sold.
Insider buying would be nice, but don't be overly suspicious without some tangible proof about his selling two years ago (or whenever it was), or the lack of insider buying now.
Of course, if there were a huge block purchased now at the discounted prices, the board would be filled with rumors and accusations that the pps was deliberately manipulated to ensure the insiders fortunes...despite the fact that the current pps is available to us all. Some say that if long to buy on the dips to average down to increase profits on the rise.
Time will tell the story here. GLTA!
Go NBRI $$$