AUREUS MINING INC T.AUE

Aureus Mining Inc (AUE) Insider Sells C$50,000.00 in Stock

[Notrichyet]

https://www.americanbankingnews.com/2016/07/08/aureus-mining-inc-aue-insider-sells-c50000-00-in-stock/ Aureus Mining Inc (AUE) Insider Sells C$50,000.00 in Stock July 8th, 2016 0 comments Filed Under by ABMN Staff Aureus Mining logoAureus Mining Inc (TSE:AUE) insider Finance Corporat International sold 1,000,000 shares of the businesss stock in a transaction dated Thursday, July 7th. The stock was sold at an average price of C$0.05, for a total transaction of C$50,000.00. Finance Corporat International also recently made the following trade(s): On Friday, July 8th, Finance Corporat International sold 1,000,000 shares of Aureus Mining stock. The shares were sold at an average price of C$0.05, for a total transaction of C$50,000.00. Shares of Aureus Mining Inc (TSE:AUE) traded up 5.88% during midday trading on Friday, hitting $0.09. 403,295 shares of the company were exchanged. The stocks 50-day moving average is $0.07 and its 200-day moving average is $0.10. The stocks market cap is $48.76 million. Aureus Mining Inc has a one year low of $0.05 and a one year high of $0.55. Aureus Mining Inc is an exploration and development-stage company. The Company is focused on gold projects in West Africa and operates in Liberia and Cameroon. Its most advanced project is the New Liberty Gold project in Liberia, which the Company intends to develop into a producing gold mine. Its other projects include Ndablama Gold Project, Weaju Gold Project, Leopard Rock, Gondoja, Koinja and Gbalidee and Silver Hills, among others.

[adama2000]

Who is this insider? Jul 8/16 Jul 8/16 International Finance Corporation Direct Ownership Common Shares 10 - Disposition in the public market -1,000,000 $0.050 GBP Jul 8/16 Jul 7/16 International Finance Corporation Direct Ownership Common Shares 10 - Disposition in the

[Treetop2]

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[louisc]

so this insider sell has nothing to do with future viability of the AUE, but rather maintaining political correctness ?  must be a bunch of dumass liberals running the show at IFC ... 

[Treetop2]

This post has been removed in accordance with Community Policy

[proulxm]

According to Insidertracking.com the currency is in GBP (British Pound) so probably sold on the LSE.