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Stellar AfricaGold Inc V.SPX

Alternate Symbol(s):  STLXF

Stellar AfricaGold Inc. is a Canadian precious metal exploration company. The Company is focused on exploring for gold in the Kingdom of Morocco, and Cote d’Ivoire. The Company's projects include the Tichka Est Project and the Zuenoula Gold permit. The Tichka Est gold project, comprising seven permits aggregating 82 square kilometers, is accessible year-round by road via a national and regional road to the village of Analghi located near the mineralized gold zone. Its Zuenoula project is a 396 square kilometers (km2) license in the Marahoue Department in central Cote d’Ivoire, approximately 300 kilometers (km) north of Abidjan. The Zuenoula Exploration license application straddles the same NE/SW major structure that hosts the Abujar and Tietto mineral deposits. The project is located 100km north-west of the city of Yamoussoukro, the capital of Cote d’Ivoire.


TSXV:SPX - Post by User

Bullboard Posts
Post by stargazer1on Apr 27, 2013 2:59am
145 Views
Post# 21309374

Steady insider buying

Steady insider buying


MAURICE GIROUX
B.SC. GEOLOGY — PRESIDENT AND CHIEF EXECUTIVE OFFICER
Mr. Giroux is a professional geologist with over 35 years of experience in mine exploration on the international scene, and more particularly in West Africa where he has been active for nearly 20 years. He was notably involved in the discovery of three gold and diamond mines that are under commercial development today. He also contributed to a vast international project that led to the mapping of two-thirds of Guinea’s geology and he co-authored a comprehensive study of the country’s mining potential. His expertise and extensive experience have allowed him to establish and cultivate sound business relationships in several West African countries.

Maurice Giroux is a professional who knows the area and he has been a consistant buyer of SPX since the reverse split for a total of 64,000 shares. That is not a large amount of money and it is just by only one person in management, but is by their geologist, a person who has a good idea of what they have, plus there has been no insider selling. All in all, that looks good.

Apr 23/13  Apr 22/13  Giroux, Maurice  Direct Ownership  Common Shares  - Acquisition in the public market  15,000 @  $0.110
 
Apr 23/13  Apr 22/13  Giroux, Maurice  Direct Ownership  Common Shares  - Acquisition in the public market  10,000 @  $0.100
 
Apr 23/13  Apr 22/13  Giroux, Maurice  Direct Ownership  Common Shares  - Acquisition in the public market   6,000 @  $0.090
 
Apr 22/13  Apr 19/13  Giroux, Maurice  Direct Ownership  Common Shares  - Acquisition in the public market  4,000  @ $0.090
 
Apr 22/13  Apr 19/13  Giroux, Maurice  Direct Ownership  Common Shares  - Acquisition in the public market  3,000  @ $0.080
 
Apr 22/13  Apr 18/13  Giroux, Maurice  Direct Ownership  Common Shares  - Acquisition in the public market  1,000  @ $0.080
 
Apr 17/13  Apr 16/13  Giroux, Maurice  Direct Ownership  Common Shares  - Acquisition in the public market  15,000  @ $0.085
 
Apr 4/13  Apr 2/13  Giroux, Maurice  Direct Ownership  Common Shares  - Acquisition in the public market  10,000  @ $0.100

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