As disappointing as the quarterly was, the best indicator for future success was the recent directors buying. This is a universally good sign despite the present malaise in the sp. It is almost as if AM put out the worst quarterly in anticipation of buying more shares just a week later. his present holdings are worth $300,000 @ 3 cents. I often buy into companies after Directors buying decent amounts as this fills in the spaces between the lines for me. There are presently a lot of spaces to be filled in....... but if drilling goes ahead in mid june, I am sure the reflective buying will be substantiated.
GNI Price at posting:
2.7¢ Sentiment: None Disclosure: Held