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Inventus Mining Corp V.IVS

Alternate Symbol(s):  GNGXF

Inventus Mining Corp. is a Canada-based exploration company. The Company is focused on the development of its gold and critical metals projects located east of the world class mining district of Sudbury, Ontario. The Company holds two 100% owned projects, Pardo Gold and Sudbury 2.0 Polymetallic Gold. The Pardo Paleoplacer Gold Project is located in Ontario, Canada, approximately 65 kilometers (km) northeast of the mining district of Sudbury. The Pardo Project consists of a 3.8 square kilometers (km2) block of mineral leases and 180 km2 of mineral claims covering the target paleoplacer geology. The Sudbury 2.0 Project is located east-northeast of Sudbury, Ontario. The property is accessible by road. The Sudbury 2.0 project consists of 240 km2 of mineral claims covering the Temagami Anomaly. The Company owns a 100% interest in the property. In addition, the Company, through Conquest Resources, holds claims to the east of the Sudbury 2.0 Project Area.


TSXV:IVS - Post by User

Bullboard Posts
Comment by erieshoreon Jun 23, 2014 12:45pm
182 Views
Post# 22686271

RE:Insider Trading?

RE:Insider Trading?Nick
   Yes this recent trading makes it extremely likely that someone was trading on the knowledge that a very positive announcement was coming soon. It may not be, strictly speaking, Insider Trading in the sense of insiders making the trades. But info leaked out from some source, which could be anyone who works for the company, the testing lab, or the bartender at a party!. But with all the volume, it wasn't just someone tipping off their parents and close friends. Some funds or other big players got involved.
   The fact that we have no volume and no change after the news suggests that the big dealers already made their move!
   Unfortunately, in my experience, this pattern of pre-press leaks seems to be common among junior miners. Too bad.
   On the good news side, as Stateside wrote, this helps confirm that the payload is spread over a large area -- and growing. This is just what was expected, but it is comforting to have a little more confirmation.
Erie
Bullboard Posts