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Exploration and development of gold, base metals and titanium mineral sands projects

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Message: Something is brewing perhaps..

Something is brewing perhaps..

posted on Jan 29, 2008 05:14PM

Canadian Insider is reporting some insider buying by the Mr. Potivin.

Been in this stock for a year now at an average price of 0.095. Seen it go way up and come back down to the lows we see now, however, this is a very bullish sign IMO to start the new year.

 

Jan 28/08 Jan 25/08 Potvin, Jean-Charles Direct Ownership Common Shares 10 - Acquisition in the public market 407,000 $0.065
Jan 21/08 Jan 21/08 Potvin, Jean-Charles Direct Ownership Common Shares 10 - Acquisition in the public market 500,000 $0.065

The Chinese may be finishing their DD on the construction of a mine and may be making a splash soon. 

Regardless at 0.065/share this is rediculously cheap even if you dont even factor in the Titanium Kwale project in Kenya. I went to the shareholders meeting last year and they suggested that the future value of the company is somewhere near 0.30/share based solely on the Pukakaqua copper project in Peru alone. Kwale would just be the icing on the cake if it can get over the political hurdles to build a mine.

I am seriously considering adding more at around 0.065/share. The CEO of the company would not be throwing anymore money at this if there was not something coming down the pipe.

Lets get some more action in here.

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