Insider CommentsKasum name has similar trends on the insider transactions but Kruchowski doesn't seem to playing the option game yet.
One item that scares me is the resolution on compensation options whereby the board can issue up to 20% of oustanding shares in compensation options. Not a big deal with limited shares outstanding but with 100 million out. A little more independence on the board would be comforting.
Tax season cut off coming which should address the flow through issuance. Provided the company doesn't engage in what I call silly financing activities MTB should be poised to move but we need stronger hands and deeper pockets to step in.
Another junior I'm invested in is producing assays within 6 to 8 weeks of completion. If there are 22 drills completed as stated in the news release results should start flowing. Given the location of holes I am optimistic about further high grade intercepts but I'm anxious to see the drill plan. One would think this would have been mapped before drilling to show past results and future drill holes.
I'll keep picking at the bones as a $15 million market cap for a (now funded exploration company) with strong showing across multiple projects seems cheap. This is not a one trick pony with exploration cost risk mitigation in place.
Cheap,however, is all relative to management actions so I would prefer to gain some confidence in this team before I go real deep. Still have to keep management on their toes though!
Insider name: | Kruchkowski, Edward Richard | |
Insider's Relationship to Issuer: | 4 - Director of Issuer | |
Ceased to be Insider: | Not applicable | |
Security designation: | Common Shares | |
| | | | 364439 | 2004-06-23 | 2004-12-03 | Direct Ownership : | 00 - Opening Balance-Initial SEDI Report | | | | 172,219 | | | | | | | | |
| | | | 587047 | 2005-11-01 | 2005-11-18 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +20,000 | 0.4500 | | 192,219 | | | | | | | | |
| | | | 670461 | 2006-02-07 | 2006-03-09 | Direct Ownership : | 51 - Exercise of options | +170,000 | 0.3300 | | 362,219 | | | | | | | | |
| | | | 675854 | 2006-03-09 | 2006-03-16 | Direct Ownership : | 47 - Acquisition or disposition by gift | -170,000 | 0.3300 | | 192,219 | | | | | | | | |
| | | | 675855 | 2006-03-15 | 2006-03-16 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +1,000 | 0.6100 | | 193,219 | | | | | | | | |
| | | | 793184 | 2006-09-05 | 2006-09-13 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +5,000 | 0.5400 | | 198,219 | | | | | | | | |
| | | | 793186 | 2006-09-06 | 2006-09-13 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +5,000 | 0.5400 | | 203,219 | | | | | | | | |
| | | | 813826 | 2006-10-03 | 2006-10-18 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +10,500 | 0.6200 | | 213,719 | | | | | | | | |
| | | | 813828 | 2006-10-03 | 2006-10-18 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +19,500 | 0.6100 | | 233,219 | | | | | | | | |
| | | | 882007 | 2007-01-09 | 2007-01-29 | Direct Ownership : | 10 - Acquisition or disposition in the public market | -19,000 | 0.6400 | | 214,219 | | | | | | | | |
| | | | 882008 | 2007-01-26 | 2007-01-29 | Direct Ownership : | 10 - Acquisition or disposition in the public market | -10,000 | 0.6800 | | 204,219 | | | | | | | | |
| | | | 901175 | 2007-02-13 | 2007-02-22 | Direct Ownership : | 10 - Acquisition or disposition in the public market | -3,000 | 0.8200 | | 201,219 | | | | | | | | |
| | | | 901179 | 2007-02-19 | 2007-02-22 | Direct Ownership : | 10 - Acquisition or disposition in the public market | -5,000 | 0.7300 | | 196,219 | | | | | | | | |
| | | | 901191 | 2007-02-19 | 2007-02-22 | Direct Ownership : | 10 - Acquisition or disposition in the public market | -5,000 | 0.7400 | | 191,219 | | | | | | | | |
| | | | 1111033 | 2007-12-31 | 2008-01-03 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +4,000 | 0.3000 | | 195,219 | | | | | | | | |
| | | | 1111035 | 2007-12-31 | 2008-01-03 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +6,000 | 0.2950 | | 201,219 | | | | | | | | |
| | | | 1111039 | 2007-12-31 | 2008-01-03 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +2,000 | 0.2900 | | 203,219 | | | | | | | | |
| | | | 1117480 | 2008-01-04 | 2008-01-10 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +2,000 | 0.3100 | | 205,219 | | | | | | | | |
| | | | 1117482 | 2008-01-07 | 2008-01-10 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +1,000 | 0.3100 | | 206,219 | | | | | | | | |
| | | | 1131024 | 2008-01-28 | 2008-01-31 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +3,000 | 0.2500 | | 209,219 | | | | | | | | |
| | | | 1131025 | 2008-01-28 | 2008-01-31 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +1,000 | 0.2600 | | 210,219 | | | | | | | | |
| | | | 1139581 | 2008-01-31 | 2008-02-11 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +8,000 | 0.2550 | | 218,219 | | | | | | | | |
| | | | 1139583 | 2008-02-01 | 2008-02-11 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +500 | 0.2550 | | 218,719 | | | | | | | | |
| | | | 1139584 | 2008-02-05 | 2008-02-11 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +2,000 | 0.3200 | | 220,719 | | | | | | | | |
| | | | 1139588 | 2008-02-08 | 2008-02-11 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +1,500 | 0.3450 | | 222,219 | | | | | | | | |
| | | | 1203313 | 2008-05-09 | 2008-05-13 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +25,000 | 0.1550 | | 247,219 | | | | | | | | |
| | | | 1270997 | 2008-08-21 | 2008-09-03 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +10,000 | 0.1450 | | 257,219 | | | | | | | | |
| | | | 1270998 | 2008-08-21 | 2008-09-03 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +20,000 | 0.1400 | | 277,219 | | | | | | | | |
| | | | 1271003 | 2008-08-27 | 2008-09-03 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +2,000 | 0.1400 | | 279,219 | | | | | | | | |
| | | | 1271007 | 2008-08-28 | 2008-09-03 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +20,000 | 0.1400 | | 299,219 | | | | | | | | |
| | | | 1271412 | 2008-09-02 | 2008-09-03 | Direct Ownership : | 11 - Acquisition or disposition carried out privately | +300,000 | 0.2000 | | 599,219 | | | | | | | | |
| | | | 1281165 | 2008-09-11 | 2008-09-18 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +2,000 | 0.1450 | | 601,219 | | | | | | | | |
| | | | 1281166 | 2008-09-12 | 2008-09-18 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +15,000 | 0.1400 | | 616,219 | | | | | | | | |
| | | | 1281167 | 2008-09-12 | 2008-09-18 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +20,000 | 0.1350 | | 636,219 | | | | | | | | |
| | | | 1281168 | 2008-09-12 | 2008-09-18 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +10,000 | 0.1400 | | 646,219 | | | | | | | | |
| | | | 1281170 | 2008-09-15 | 2008-09-18 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +2,000 | 0.1450 | | 648,219 | | | | | | | | |
| | | | 1293963 | 2008-09-23 | 2008-10-07 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +10,000 | 0.1400 | | 658,219 | | | | | | | | |
| | | | 1293979 | 2008-10-02 | 2008-10-07 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +10,000 | 0.1000 | | 668,219 | | | | | | | | |
| | | | 1488849 | 2009-09-18 | 2009-09-24 | Direct Ownership : | 10 - Acquisition or disposition in the public market | -100,000 | 0.1800 | | 568,219 | | | | | | | | |
| | | | 1582775 | 2010-02-17 | 2010-02-23 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +201,000 | 0.1250 | | 769,219 | | | | | | | | |
| | | | 1582780 | 2010-02-22 | 2010-02-23 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +80,000 | 0.1250 | | 849,219 | | | | | | | | |
| | | | 1588162 | 2010-02-24 | 2010-03-04 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +15,000 | 0.1300 | | 864,219 | | | | | | | | |
| | | | 1588163 | 2010-02-25 | 2010-03-04 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +150,000 | 0.1250 | | 1,014,219 | | | | | | | | |
| | | | 1634549 | 2010-05-04 | 2010-05-13 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +33,500 | 0.1950 | | 1,047,719 | | | | | | | | |
| | | | 1634556 | 2010-05-05 | 2010-05-13 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +4,000 | 0.1900 | | 1,051,719 | | | | | | | | |
| | | | 1634566 | 2010-05-05 | 2010-05-13 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +5,200 | 0.1950 | | 1,056,919 | | | | | | | | |
| | | | 1640466 | 2010-05-13 | 2010-05-21 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +100,000 | 0.2100 | | 1,156,919 | | | | | | | | |
| | | | 1681594 | 2010-07-29 | 2010-08-09 | Direct Ownership : | 10 - Acquisition or disposition in the public market | +20,000 | 0.1900 | | 1,176,919 | | | | | | | | |
| | | | 1695293 | 2010-08-31 | 2010-09-03 | Direct Ownership : | 51 - Exercise of options | +100,000 | 0.1000 | | 1,276,919 | |