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Callinan Royalties Corporation CCNMF



GREY:CCNMF - Post by User

Post by North4ston Dec 17, 2010 6:20pm
401 Views
Post# 17864705

Insider trading comment in G&M

Insider trading comment in G&M

As Callinan Mines mulls spin-off, insiders accumulate shares


Over the past 90 days, insiders at Callinan Mines Ltd. have been net acquirers of 545,000 shares through options or the publicmarket. The most recent net buying was by a director who exercised35,000 options at 50 cents after selling 10,000 shares. It is often abullish sign when insiders exercise options and do not sell all theirnewly acquired shares. In October, Callinan indicated it would beworking on a plan to focus on its royalty business and spin offexploration assets to shareholders.

https://www.theglobeandmail.com/globe-investor/investment-ideas/features/who-is-buying-and-selling/as-callinan-mines-mulls-spin-off-insiders-accumulate-shares/article1842786/
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