Food for thoughts... insider transactions of 2017 Yesterday, after being a bit worried with the 500,000 shares sitting at 0,055$, I looked back at what the insiders did in the past year, months...
I tend to think that their actions are relevant to the futur of a stock... what did these guys do in the last year? They bought HEAVILY! Then, our CEO did a transaction that looks to me like he wants to avoid all the futur taxation for him and transfered the shares into a trust (well, tried to call over there to have a confirmation, but they never answer the phone... that bugs me a bit!)
Then, they stopped the drilling in the new Behemoth zone because they want to better understand what they've hit... they are saying the drilling in that area will resume once the results are received... they aren't saying, we will evaluate if we continue in that area... they said the drilling will resume in that area... this tells me they've hit something really interesting...
Now, back at the insider trading in the last year...at what price did they bought their shares??
here is a review:
Deluce, Keith James,Control or Direction,Other,Common Shares,0.00,-3,983,500,-100.0%
The -100% means he's reduce to 0 the shares in that where in his control or direction in that specified vehicule, and transfered them into another vehicule that he doesn't control. Or else it would be shown as a sell order, not other. TRANSFER INTO A TRUST HE DOESN'T CONTROL
Oct 5/17Deluce, Keith JamesDirect OwnershipPublic market buyCommon Shares0.070,60,000
He bought 60,000 shares, a month ago at 0,07$! We are now trading at 0,05-0,055%, that looks like a good buy for me!
Sep 25/17Deluce, Keith JamesDirect OwnershipWarrant exerciseCommon Shares0.050, 1,000,000
He exerciced 1 million warrants at 0,05! Once again, we are currently trading at 0,05$... he could have bought at the market the shares... but he converted warrants! at 0,05$... it's like if our CEO bought 1 million shares at 0,05$ 6 weeks ago... we can buy at the same price he did! GREAT!
Jun 13/17,Deluce, Keith JamesControl or DirectionPublic market buyCommon Shares0.065
190,000
190,000 shares at 0,065$ !!
Jun 5/17Deluce, Keith JamesControl or DirectionPublic market buyCommon Shares0.065
287,000
287,000 shares at 0,065$!!
May 26/17Deluce, Keith JamesDirect OwnershipPublic market buyCommon Shares0.060
118,000
118 000 shares at 0,06$!!
May 19/17Deluce, Keith JamesDirect OwnershipPublic market buyCommon Shares0.070
500,000
500,000 shares at 0,07$!!!
Mar 16/17Deluce, Keith JamesDirect OwnershipPublic market buyCommon Shares0.050
247,000
247,000 shares at 0,05$
Mar 10/17Deluce, Keith JamesDirect OwnershipPublic market buyCommon Shares0.040
698,000
698 000 shares at 0,04$!
Mar 3/17Deluce, Keith JamesDirect OwnershipPublic market buyCommon Shares0.050
374,000
374 000 shares at 0,05$!!