RE: DAN insider activity - May. 17These sales do not look good, especially the latest one which involves the CEO. However, it appears what he did was subscribe to the recent issue of flow through shares at $1.25 then sold yesterday regular shares at the same price i.e. $1.25. (see Canadian Insider web site). In the meantime he retains the income tax benefit relating to the flow through shares.
While astute from a personal financial planning point of view, it leaves bad appearances.