Post by
MikeRocap on Aug 29, 2011 12:43pm
Insider buying
SEDI.ca indicates that Ron Shenton President of Tosca Mining has been a buyer of more than 70,000 shares since July 1st.
When the president of a company slowly picks away at his own company in the summer doldrums it certainly makes me feel more comfortable. The market has hurt Tosca, along with almost every other company trading on the venture, but $3 Million in the bank and a drill program either finished or in its final stages means that there is news on the forefront and cash to be sure the company is not in any real danger of serious dilution.
Well done Tosca! This (market malaise) too will end.
Mike!
Comment by
Strod on Aug 31, 2011 2:11am
Totally agree and flushed alot of the weak hands from the freetrading placement too.