gindalbie gold discovery, page-5

acturtle,

Not having your experience in trading resources stocks, I would be interested in your views about how much 'insider' information comes into play in a stock like GBG.

Did you buy recently largely on the back of buyers consistently soaking up the sell orders of the profit takers, or was there another principal reason?

I ask because, having traded certain sectors in the industrials since 1996, I have a pretty good feel for those stocks on my watchlists which seem to be prone to insider accumulation prior to a run. How reliable are these accumulation signals in the gold juniors or other spec. resources stocks? I have heard some claim that the signals are not particularly reliable in most of them, however the people telling me this are committed 'fundamentalists' who are not that attuned to the more subtle market signals in my opinion.

Hate to appear naive, but the resources sector is different to my traditional stomping ground. I have followed your posts and you seem astute regarding these stocks (flattery might get me a considered reply!)

regards,

-hbg