Figured It Out.John Lee may or may not be daytrading PCY, and NKL shares using Merit Holdings. It's likely that Merit Holdings was the insider buying today. Won't know until 5-10 days when transaction are posted on sedi.ca
What to look out for: Pump to a particular price range, then a dump. Then someone (can't name for legal reasons) granting themselves options at a lower price level to cover the dump. May or may not see this happening with NKL & PCY over the next couple of months.
| Issuer name: | Prophecy Coal Corp. | |
| Insider's Relationship to Issuer: | 4 - Director of Issuer, 5 - Senior Officer of Issuer | |
| Ceased to be Insider: | Not applicable | |
| Security designation: | Common Shares without par value | |
| | | | | 1910699 | 2011-07-15 | 2011-07-25 | Control or Direction :
Merit Holdings Ltd | 10 - Acquisition or disposition in the public market | +40,000 | 0.6200 | | 8,619,470 | | | | | | | | |
| | | | | 1910700 | 2011-07-21 | 2011-07-25 | Control or Direction :
Merit Holdings Ltd | 10 - Acquisition or disposition in the public market | -200,000 | 0.8200 | | 8,419,470 | | | | | | | | |
| | | | | 1913488 | 2011-07-27 | 2011-07-30 | Control or Direction :
Merit Holdings Ltd | 10 - Acquisition or disposition in the public market | +30,000 | 0.6700 | | 8,449,470 | | | | | | | | |
| | | | | 1913487 | 2011-07-28 | 2011-07-30 | Control or Direction :
Merit Holdings Ltd | 10 - Acquisition or disposition in the public market | +90,000 | 0.6700 | | 8,539,470 | | | | | | | | |
| | | | | 1913486 | 2011-07-29 | 2011-07-30 | Control or Direction :
Merit Holdings Ltd | 10 - Acquisition or disposition in the public market | +40,000 | 0.6400 | | 8,579,470 | | | | | | | | |
| Security designation: | Options (Common Shares) | |
| | | | | 1910719 | 2011-07-20 | 2011-07-25 | Direct Ownership :
| 50 - Grant of options | +500,000 | 0.6300 | | 2,475,000 | | 0.6300 | | 2016-07-20 | Common Shares | +500,000 | 2,475,000 | |
| Issuer name: | Prophecy Platinum Corp. | |
| Insider's Relationship to Issuer: | 4 - Director of Issuer | |
| Ceased to be Insider: | Not applicable | |
| Security designation: | Common Shares | |
| | | | | 1913490 | 2011-07-27 | 2011-07-30 | Control or Direction :
Merit Holdings Ltd | 10 - Acquisition or disposition in the public market | +20,000 | 2.8200 | | 516,500 | |