RE:NFG insider reports show sparse insider trades recently
BlindBoy wrote: The company weekly insider reports don't show much insider trading over the past 3 weekly reports.
Last week's shows Eric Sprott buying 60k through 2176423 Ontario: 20k on the 9th @$11.47, 20k @$11.29 on the 12th, and 20k @$11.21 on the 13th.
McEwen is not mentioned in any of the past 3 weekly reports, but his position was below the 10% threshold for mandatory insider filing, so how much of the selling has been his is pretty hard to know with absolute certainty.
Yeah I think Eric Sprott is near the 20% threshold so he can't buy much more. 60k shares is pocket change for him. If its Rob McEwen selling this past week I guess we won't know for sure if he's below the 10% threshold for reporting. Although I thought they had to declare it no matter what. But if Rob McEwen isn't on the board of directors perhaps he doesn't have to report his transactions. I forget the rules on that one.