Always Keep your Eye on Insider ActivityHere's why you always watch what the insiders are doing. I:E Wolfden CEO who just happens to be on the BTC board.
Wolfden Resources Inc. (WLF)
As of March 18th, 2007
Filing Date Transaction Date Insider Name Nature of transaction Securities # or value acquired or disposed of Unit Price
Nov 17/06 Nov 16/06 Nemeth, Naomi 50 - Grant of options Options 50,000 $1.750
Nov 17/06 Oct 30/06 Nemeth, Naomi 00 - Opening Balance-Initial SEDI Report Options
Oct 12/06 Oct 06/06 Downie, Ewan Stewart 10 - Acquisition in the public market Common Shares 5,500 $1.450
Sep 28/06 Sep 25/06 Downie, Ewan Stewart 10 - Acquisition in the public market Common Shares 27,500 $1.400
Sep 22/06 Sep 20/06 Downie, Ewan Stewart 10 - Acquisition in the public market Common Shares 20,000 $1.400
Sep 22/06 Sep 21/06 Downie, Ewan Stewart 10 - Acquisition in the public market Common Shares 10,000 $1.350
Sep 22/06 Sep 19/06 Downie, Ewan Stewart 10 - Acquisition in the public market Common Shares 25,000 $1.400
Sep 22/06 Sep 18/06 Downie, Ewan Stewart 10 - Acquisition in the public market Common Shares 25,000 $1.450
Wolfden backs revised Zinifex offer $3.81 a share
https://www.theglobeandmail.com/servlet/story/RTGAM.20070319.wwolfden0319/BNStory/Business/home
I do believe if the deal goes through Mr. Downie just made 230K or so on his own purchases in September. He has got stock options and stock so I would say that he is in major cha ching.
It still doesn't make sense on why he sold a small amount of his BTC shares @ 50 cents in Feb. Maybe he was tapped out for his bar bill. I do believe with this deal he should buy some BTC in the open market to make up for his small sale in Feb. To top it of he doesn't even have to pay commission if the deal goes through for WLF.
Mike