Sandstorm Metals & Energy Ltd STTYF

Inside Buying

[tinlaw23]

Putting the money where the mouth is.

 

Apr 1/13	Mar 28/13	Kazemi-Esfahani, Erfan	Direct Ownership	Common Shares	10 - Acquisition in the public market	20,000	$0.415
Apr 1/13	Mar 28/13	Swarthout, Andrew	Direct Ownership	Common Shares	10 - Acquisition in the public market	75,000	$0.410
Apr 1/13	Mar 28/13	Awram, David	Direct Ownership	Common Shares	10 - Acquisition in the public market	115,000	$0.415
Apr 1/13	Mar 28/13	Watson, Nolan Allan	Direct Ownership	Common Shares	10 - Acquisition in the public market	22,000	$0.420
Apr 1/13	Mar 28/13	Watson, Nolan Allan	Direct Ownership	Common Shares	10 - Acquisition in the public market	78,000	$0.415

[jsbarnby]

This seems a little strange to me. If Nolan purchased shares alone I would be happy with this but it almost seems a little too scripted to have all four puchase shares on the same day after Nolan made the announcement in the conference call. What does everyone else think on this?

[steelsjh]

They had to.   Blackout period began March 31 

[retiredcf]

Bottom line is that if the insiders are collectively willing to ante up over $130,000 to purchase this stock at $0.41 or better, why would people be selling now at $0.37 or $0.38? Time to take advantage of market weakness and add more. GLTA

[materialsgirl]

Beware of the implications of insiders buying.  It simply means that they are buying into their own PR story which is sometimes real and sometimes just BS.  Management are story tellers above all and the better they become the more likely they are to believe themselves. The only positive thing about an insider buying in large volume is that the person invloved is not aware of any

[Thundersole]

All true materialsgirl. Volumes have dryed up, and the token purchase moved the price up for a day.