Recent insider accumulation.Mr. Pearce is a practising lawyer who specializes in corporate and securities work. He is currently an officer and director of a number of junior public companies, primarily in the natural resource sector, namely Golden Goliath Resources Ltd., Sable Resources Ltd., Flying A Petroleum Ltd. and Sunorca Development Corp. He is the chief financial officer at Golden Chalice Resources Inc.
Stephen Pearce has been relentlessly selling his shares of FAB, but has now started accumulating them at 5 cents and warrants for 10 cents a share.
Flying A Petroleum Ltd. (FAB) As of August 18th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Aug 12/10 Aug 03/10 Pearce, Stephen Direct Ownership Warrants 16 - Acquisition under a prospectus exemption 300,000
.100
Aug 12/10 Aug 03/10 Pearce, Stephen Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 300,000
.050