RE:Insider sellingts9222 wrote: A lot of insider selling by Iorich, Vladimir
https://canadianinsider.com/node/7?menu_tickersearch=ASR+|+Alacer+Gold
He holds greater than 10% of company 41million shares.
Googling Iorich, Vladimir gave this saying he is russian mafia?
https://rumafia.com/person.php?id=1502
Maybe he just needs some cash because of drop in rubble and oil prices.
Maybe it doesn't mean anything but it sure scared me. Took profit and bought TGZ. Open pit miner with similar number of oz but trading for 4X lower market cap.
he's halfway through his selling from the looks of it, however performance wise ytd it's inline with auq but I agree this should be at least 10% higher based on cash alone.
TG is my other play, bought it up below 50 cents. It's at least 50% if not a double even from current levels.