Post by
GoldenDreams on Jan 01, 2006 9:17pm
Insider buying
Came across this at https://www.canadianinsider.com
It's not a lot of shares but it's still positive. This was done a few days after the news release of Dec. 12th. I'm sure that as CEO he has alot of options in his name, curious why he would purchase shares in the market.
Dec 16/05 Dec 14/05 Curtis, Kerry Martin 10 - Acquisition in the public market Common Shares 2,000 $1.940
Dec 16/05 Dec 14/05 Curtis, Kerry Martin 10 - Acquisition in the public market Common Shares 5,000 $1.940
Previous to that the a director also bought on the market. I think this was posted before.
Nov 25/05 Nov 23/05 Colterjohn, Richard Mark 10 - Acquisition in the public market Common Shares 58,700 $1.850
Nov 25/05 Nov 23/05 Colterjohn, Richard Mark 10 - Acquisition in the public market Common Shares 10,000 $1.840
Nov 25/05 Nov 23/05 Colterjohn, Richard Mark 10 - Acquisition in the public market Common Shares 14,400 $1.830
Nov 25/05 Nov 23/05 Colterjohn, Richard Mark 10 - Acquisition in the public market Common Shares 16,900 $1.820
Wishing everyone a great 2006.
GD
Comment by
slamdance on Jan 02, 2006 6:15pm
Notice that all the insider buys that you listed were for dates after the big cross from Kinross to the new owner. I guess the insiders considered that a floor was in and they would buy some to take advantage of the recoil after the SP had been hammered down in order to conduct the big cross.