Newmont Mining(NEM) & Newmont Gold(NGC) Message Board

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Gold/Mining/Energy : Newmont Mining(NEM) & Newmont Gold(NGC)

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To: Edmund Lee who wrote (55)	10/12/1998 12:14:00 AM
From: R. Martenson	Read Replies (2) of 587

All insider NEM SEC transactions in Aug and Sep were buys. This is a significant departure from the power house tech stocks like DELL where all insider action is "intention to sell" (Form 144's). Tech stocks have had huge losses and huge volume. Gold stocks have had huge gains and huge volume. All in the last few weeks. I just jumped on the NEM bandwagon Friday ( which is never a good indicator for any stock I own ), so I am mentally biased on the up side. BUT given the huge volume and current market conditions it sure seems like the 'smart' money is moving in on gold, regardless of the underlying gold fixed price.

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