GREY:AGDXF - Post by User
Post by
nicklebacksuckson Apr 26, 2010 10:04am
673 Views
Post# 17030451
Drilling info, insider buying
Drilling info, insider buyingHey everyone,
I didn't get a chance to call AGD last week, was working out in the field - in town today and I'll be stopping by their offices to ask about progress at Cisneros Phase 2, and anything else I can get.
We've had just over one month now with Major Drilling's man-portable drill at the prospect - that's enough time for insiders at the site to be able to have a look at the cores coming up. And an insider has been buying recently:
Antioquia Gold Inc. (AGD)
As of April 25th, 2010
Filing Date
Transaction Date
Insider Name
Ownership Type
Securities
Nature of transaction
# or value acquired or disposed of
Unit Price
Apr 24/10
Apr 23/10
Decker, James Henry
Direct Ownership
Common Shares
10 - Acquisition in the public market
250,000
.300
Insider buying during a drill campaign is a very, very good sign.
A second drill should be arriving at the site next week. Watching SEDI and trading volumes very closely for signs of life down there. Corporate insiders, geo's, drillers and other field personnel at the site are the first people to know when the drills have hit, so if we begin to see unusual volume on the bid side, I would anticipate some positive results forthcoming.
Also, as per previous post about Continental Gold: ticker is CNL.T, not .V as indicated
Will check in with this board as soon as I have any news. Thanks for the inbox hits by people who were curious to hear.