Insider buying of shares.On May 27th. Mark poicked up 25,000 shares on the open market at $3.16 and Reported the purchase the same day to the exchange ( Insiders rarely if ever report this quickly). This was not a token purchase of shares, it cost him over 75 thousand dollars for these shares. This sends a strong message to the markets that he knows the true value of the company and this is not a short flip for 30-40% return. He has stated in the past that he has all of his free cash flow in CNC other than the family home. This speaks volume to where he thinks we are going. I have it on good authority that several key members on the CNC team have bought homes in Timmins and have just moved in from Toronto.
I think we are in for a very interesting month of June and July.