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Sunrise Resources Ltd V.SHI

"Sunrise Resources Ltd, formerly Candorado Operating Company Ltd. was incorporated under the Business Corporation Act of British Columbia on August 4, 1992. It is a mineral exploration company focused on copper and gold in the Quesnel Trough, located in central British Columbia. The Company's properties include the Man-Prime,Timothy Lake, Moffet Creek, and Eldorado properties in BC."


TSXV:SHI - Post by User

Post by HuntNGatheron Apr 28, 2015 12:27pm
140 Views
Post# 23672096

Insider Buying and Buying and Buying and ....

Insider Buying and Buying and Buying and ....What I am saying is that the company may not matter. It may not be actually doing anything on the ground or have any intention of pulling anything out of the ground. There is the potential that this insider is gradually taking in shares of the company that come available and is essentially performing the slowest shell-company 'back-in' that I have ever seen. I always wondered where they planned to go since they have no news coming out. It is not something that I fully understand. But I have heard that setting up a symbol on the market can be a Million dollar spend. If you gradually pick up the shares off the floor and are patient, you can end up with the entire company for significantly less than that. It is clear from this chart on Canadian Insider that someone on the inside (and there are not that many of them) is interested in owning more of the company. Whether it is for the core business of mining. Or it is for 'god only knows what'... they are buying whatever they can get for cheap and are in ABSOLUTELY NO HURRY. Slow and steady accumulation. HnG https://canadianinsider.com/node/7?menu_tickersearch=SHI+%7C+Sunrise+Resources
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