RHK 4.88% 86.0¢ red hawk mining limited

11,923 shareholders can't be wrong!.."LOLHow about the...

  1. 2,086 Posts.
    11,923 shareholders can't be wrong!.."

    LOL

    How about the shareholders of companies such as MFS, AFG, BNB, CNP, ABS, CUO etc etc or even RIO...not so sure all those shareholders have been on the money...more likely out of money.

    Or perhaps the holders of overseas equities such as Merrils, Lehman Bros, Citi, Bear Stearns, Wachovia, and it goes on and on and on......

    I wouldn't be too interested at all in what the run of the mill shareholders are doing...I'd be far more interested in director and sustantial holder activity.

    And, interestingly enough, despite the continual disclosure to the market by the company about how prospective it's tenements are, there hasn't been a single share purchased by a director, or an increase in any substantial holding for the better part of two years.

    If FMS is the real deal, and such a steal at these 'cheap' prices, then why haven't any of the directors parted with a little of their own cash to increase their positions?

 
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