INSIDERS: ZERO PURCHASES
Apart from the inefficient management that must be replaced asap, another main problem with PCE.TO (Pace) is that the insiders have ZERO SKIN in the game.
They are not willing to buy with their own money. They did not even buy when the pps dropped at 2 CAD few weeks ago ! This tells a lot to me. This is a red flag and this is why I ll not buy PCE.
Add on this that the insiders keep giving themselves options and rights on shareholders expense and the warning picture is full.
Long : TID.TO (Tuscany) and CEZ.TO (Calmena)
Both drillers have high insiders ownership , strong growth YOY and trade well below their book value.