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Gold/Mining/Energy : Silver Bull Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Aloha who wrote (2181)10/2/2008 8:00:04 PM
From: TH  Read Replies (1) | Respond to of 5637
 
Aloha Aloha,

I remain invested, even with my ill-timed add last week. I have two concerns, both of which are somewhat outside the control of MMG management. What will the credit markets for mining development look like when MMG is ready to build and what will world demand really be if there is a protracted global recession, or even worse.

It is positive that management is buying. There can be no doubt about this. Hopefully it continues and that big fish also partake.

I only plan one more increase of around 10-12% and then I am done.

GT
TH



To: Mr. Aloha who wrote (2181)10/2/2008 8:43:04 PM
From: Zincman1 Recommendation  Read Replies (1) | Respond to of 5637
 
Hi Mr. A,
<<but only one reason for insiders to buy it>> Don't follow MMG, but there are many reasons Insiders could be buying. One might be simply to keep it from going lower. Yet another could be to garner attention. Buy a few, drive momo and sell into new buyers. ( I am not implying this is the case here)

After many years of investing in the mining sector, I have seen many examples of insiders buying yet the price continues to fall.

This industry, like many others, has its share of questionable trading practices.

Best of luck w/ MMG.

ZM