Insider Transactions as of Feb 28th
posted on
Feb 28, 2008 04:34PM
Camino Rojo Mexico : In-situ - 4.0 million ounces gold; 68.32 million ounces of silver.
updated incl - Bruce Youngmans PP filing
All my opinion,please do your own DD. While care was taken inthe preparation of these numbers, I would urge you all to familiarize yourselves with www.sedi.ca, which in my opinion is far superior to the info learned on other sites like www.canadianinsider.com .
I have never in my life seen Insiders buy like this after/during a stocks run-up of over 500%. If this doesn't give you confidence I'm not sure that anything would. Transactions done before the discovery and following run-up starting November 26th not included. When reading keep in mind that this was a 30cent stock back in November, Insiders bought 385,000 units of the recent PP at $2.25 or $866,250.00 was spent buying the stock at 7x's its value of three months before. That's not to mention the other hundreds of thousand shares bought on the open market.
Top shareholder down:
Gordon Davies
1,651,750 shares
550,000 options
50,000 warrants
= 2,265,750 total
incl-
nov 27 buy 150,000shs @ $1.40
nov 27 buy 50,000shs @ $1.35
Jan 28 buy 50,000shs @ $2.34
plus 100,000 units in PP @ $2.25
Robert Quartermain
1,048,000 shares
400,000 options
50,000 warrants
= 1,498,000 total
incl-
nov 27 buy 150,000shs @ $1.314
nov 28 buy 20,000shs @ $1.55
nov 28 buy 30,000shs @ $1.60
dec 10 gifted -20,000shs @ $1.99
plus 100,000 units in PP @ $2.25
Kenneth McNaughton
1,088,250 shares
350,000 options
7,500 warrants
= 1,445,750 total
incl-
Jan 9 gifted -40,000shs @ $2.90
Jan 9 sold -10,000shs @ $2.90
Jan 28 buy 11,000shs @ $2.28
Jan 28 buy 50,000shs @ $2.34
Jan 30 buy 50,000 shs @ $2.30
plus 15,000units in PP @ $2.25
Joseph Ovsenek
200,000 shares
350,000 options
25,000 warrants
= 575,000 total
incl-
plus 50,000units in PP @ $2.25
James Tutton
40,000 shares
69,000 shares rsp
50,000 shares corporate acct
400,000 options
5,000 warrants
= 564,000 total
incl-
nov 29 sold -5000shs @ $1.45
nov 30 sold -4000shs @ $2.02
nov 30 sold -3000shs @ $2.00
cross trade
dec 3 sold -20,000shs @ $1.82 from personal acct
dec 3 bought 20,000shs @ $1.82 in corp acct
plus 10,000units in PP @ $2.25
Andrew Mitchell
195,000 shares wifes acct
165,000 shares
40,000 shares rsp
125,000 options
= 525,000 total
incl-
*no transactions since discovery Nov 26th
Linda Sue
245,000 shares
70,000 options
= 315,000 total
incl-
*no transactions since discovery Nov 26th
Bruce Youngman
150,000 shares
250,000 options
50,000 warrants
= 450,000 total
incl-
plus 100,000units in PP @ $2.25
Tom Yip
10,000 shares
100,000 warrants
5,000 warrants
= 115,000 total
incl-
plus 10,000units in PP @ $2.25
John Kim
20,800 shares
= 20,800 total
incl-
*no transactions since discovery Nov 26th
Total Insider Interest is 7,744,300 shares
Total change since the discovery was released November 26th leading to thestock price increasing by over 500% is +1,056,500shares!
Like I said, show me one other stock where the Insiders have seen their investment go up over 5 fold and are still adding.
Best regards,
Buck