Pace Oil & Gas Ltd T.PCE

INSIDERS: ZERO PURCHASES

[rainofstocks]

Apart  from  the  inefficient   management   that   must  be  replaced   asap,   another   main    problem with  PCE.TO (Pace)  is that the insiders have  ZERO  SKIN in the game.

 

They are not willing to buy with their own money.  They  did  not  even  buy  when  the  pps  dropped at  2  CAD few    weeks   ago !  This tells a lot to me.  This  is  a   red  flag  and  this  is  why   I  ll  not  buy   PCE.

 

 

Add   on this   that  the  insiders   keep   giving  themselves  options  and    rights   on  shareholders   expense and  the  warning  picture   is   full.

 

Long  :   TID.TO  (Tuscany)    and   CEZ.TO  (Calmena) 

Both   drillers    have   high  insiders  ownership ,  strong    growth    YOY   and  trade   well  below  their  book  value.

[ticket2ride]

While you are entitled to your opinion, There may or may not have been a formal Share Blackout period following Rainbow Lake but securities regulators watch very closely insider activity after big share price swings and management needs to be very cautious(refrain from big insider purchases) to not react to something they may be deemed to know more about, but has yet to be 

[rainofstocks]

You look confused. You must be very new in the stock exchanges. The  insiders did  NOT buy from the public market  with their  OWN   money  but these purchases are  Direct Ownership Buy under company plan !  This  is  VERY  DIFFERENT....contact the company to see what it is.....   In  terms of the   corporate   buyback