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Gold Resource Corp Message Board

  • money_driver money_driver Jul 23, 2012 5:21 PM Flag

    Have to hand it to the Reids

    They pretty much top-ticked this stock. Over $13M sold at prices higher than today's. LOL

    http://www.secform4.com/insider-trading/1160791.htm

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    • >>Maybe you just have a tiny little negative bias against this company?<<

      Ha! Says the guy that admits to having 100% of his net worth tied up in this company. Maybe you just have a tiny little positive bias for the company - which makes you willing to say and do anything to help support the stock price?

    • You are correct, the 2011 buyback has not been on my radar all year. But the treasury losses from holding gold and silver has been a constant concern. Now that SORO has reentered the stock trading game, I will certainly monitor it more closely. Hopefully this purchase is more successful.
      Good luck to all...
      Year of the Dongs

    • "SORO bought shares last year at $19.....now they buy at $17. So not only has their gold and silver treasury holdings lost considerable value, but so hasn't their stock purchases."

      Funny, IPOnMyself,

      I don't recall you EVER posting between last year and last week anything about those $19 buybacks being profitable.

      Maybe you just have a tiny little negative bias against this company?

      2012 - Year of the Longs!
      Amadeus

    • SORO bought shares last year at $19.....now they buy at $17. So not only has their gold and silver treasury holdings lost considerable value, but so hasn't their stock purchases. Seems they try and fail at every angle ....including meeting their own estimates.
      Any news if management has bought shares ....EVER. Or do they just stick with stock compensation packages granted by Father, Uncle, Son, and Nephew

    • >>Reducing outstanding shares increases earnings<<

      No, it doesn't.

    • We'll have to keep checking to see if they start buying after the drop...My question is how much they have bought on the open market with their own money (or private placements) and how many they currently own....I mean if they anticipated a drop because of the production blip and sold or perhaps saw the resistance in the $28 it could have been just a really good trade.

      The real issues is have these folks purchased a substantial amount of shares either by private placement or on the open market with their own money such as Rob Mcewen at McEwen Mining (MUX) or Jim Sinclair at Tanzanian Royalty (TRX)...The exception with Rob McEewen and Jim Sinclair is that they do not collect a salary...They have structured it so that they get paid just as shareholders do which is another step showing outstanding management and shareholder beneficial.

 
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