The Chairman bought at $0,48 - 0,70 We know that the Preseident and CEO (Mr Dawson) is a veteran of the industry with a very rich resume in the drilling business...He has created and sold with PREMIUM 3 companies in the past to Weatherford, Precision Drilling and one more that I do not recall now.
The NEW Chairman Donald Wright bought over 7 million worth of shares in 2012. He is underwater quite a bit of money. Should make investors who buy now feel very safe. I quote:
Donald Wright
Director, Winnington Capital
Former Vice Chairman, TD Bank
Former Director, Saxon Energy Services, Inc.
buys 5,348,747 shares privately @ 0.70 per share through Winnington Capital.
and here are his purchases at $0,48:
| Apr 2/12 | Mar 28/12 | Wright, Donald Arthur | Indirect Ownership | Common Shares | 11 - Acquisition carried out privately | 5,348,747 | $0.700 |
| Apr 2/12 | Mar 26/12 | Moyes, Bruce Gordon | Direct Ownership | Common Shares | 90 - Change in the nature of ownership | -6,100 | |
| Apr 2/12 | Mar 26/12 | Moyes, Bruce Gordon | Indirect Ownership | Common Shares | 90 - Change in the nature of ownership | 6,100 | |
| Apr 2/12 | Mar 26/12 | Moyes, Bruce Gordon | Direct Ownership | Common Shares | 90 - Change in the nature of ownership | -27,500 | |
| Apr 2/12 | Mar 26/12 | Moyes, Bruce Gordon | Indirect Ownership | Common Shares | 90 - Change in the nature of ownership | 27,500 | |
| Jun 1/12 | Feb 29/12 | Wright, Donald Arthur | Direct Ownership | Common Shares | 11 - Acquisition carried out privately | 8,000,000 | $0.480 |