American Consolidated Minerals Corp AMERF

Confused by insider activity

[mouserman]

Not just the filings on Canadian insider that have me confused, but the big volume pop and no news to explain it.

This from Canadian Insider.... i didnt see the stock price get to .25 in 2013

William Sheriff , a rather active well-known investor on the TSX venture.

 

					As of 11:59pm ET March 8th, 2013
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Price
Mar 8/13	Mar 8/13	Sheriff, William Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	25,000	$0.255
Mar 5/13	Mar 5/13	Sheriff, William Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	50,000	$0.285
Mar 5/13	Mar 5/13	Sheriff, William Morris	Direct Ownership	Common Shares	10 - Acquisition in the public market	50,000	$0.280
Dec 10/12	Dec 7/12	Fabbro, Allan John	Direct Ownership	Common Shares	10 - Acquisition in the public market	46,000	$0.025
Dec 6/12	Dec 5/12	Fabbro, Allan John	Direct Ownership	Common Shares	10 - Acquisition in the public market	210,000	$0.025
Dec 3/12	Dec 3/12	Fabbro, Allan John	Direct Ownership	Common Shares	10 - Acquisition in the public market	82,000	$0.025
Dec 3/12	Nov 30/12	Fabbro, Allan John	Direct Ownership	Common Shares	10 - Acquisition in the public market	50,000	$0.025
Dec 3/12	Nov 27/12	Fabbro, Allan John	Direct Ownership	Common Shares	10 - Acquisition in the public market	112,000	$0.025

[deet]

The 52 week high is 10 cents. Willima Sherriff (never heard of him to be honest) acquired his shares on March 5th, according to Canadian Insider. That has to be a misprint. I think the all-time high is around 28 cents and that was 2 or 3 years ago. Why the increased volume? I am sure we will hear something soon. There must be a tangible reason for the increased trading activity. deet