Re: Insider buying?
in response to
by
posted on
Dec 04, 2011 08:16AM
CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)
That is Ernesto s purchase of the PP and warrants associated with it Looks like he has also exercised his warrants
The money is in the bank but he didn't exercise the warrants yet. He has until Sept 30th 2012 unless the company get's 100% bought out then they must get exericsed in the process.
Just compare ojur current price to all Ernesto's recent buying:
Dec 2/11 | Oct 31/11 | Echavarria, Ernesto | Direct Ownership | Warrants | 11 - Acquisition carried out privately | 1,481,482 | $1.50 |
Dec 2/11 | Oct 31/11 | Echavarria, Ernesto | Direct Ownership | Common Shares | 11 - Acquisition carried out privately | 1,481,482 | $1.35 |
Oct 21/11 |
10 - Acquisition or disposition in the public market |
50,000 |
$1.200 |
203,117,115 |
Oct 20/11 |
10 - Acquisition or disposition in the public market |
50,000 |
$1.200 |
203,067,115 |
Oct 19/11 |
10 - Acquisition or disposition in the public market |
100,000 |
$1.300 |
203,017,115 |
Oct 7/11 |
10 - Acquisition or disposition in the public market |
80,000 |
$1.300 |
202,917,115 |
Oct 6/11 |
10 - Acquisition or disposition in the public market |
20,000 |
$1.300 |
202,837,115 |
Oct 4/11 |
10 - Acquisition or disposition in the public market |
150,000 |
$0.900 |
202,817,115 |
Sep 30/11 |
36 - Conversion or exchange |
1,851,852 |
$1.350 |
202,667,115 |
Sep 30/11 |
11 - Acquisition or disposition carried out privately |
1,851,852 |
$1.350 |
200,815,263 |
Sep 26/11 |
10 - Acquisition or disposition in the public market |
30,000 |
$1.193 |
198,963,411 |
Aug 8/11 |
10 - Acquisition or disposition in the public market |
500,000 |
$1.376 |
198,933,411 |
Jul 18/11 |
10 - Acquisition or disposition in the public market |
352,300 |
$1.464 |
198,433,411 |
Jul 15/11 |
10 - Acquisition or disposition in the public market |
724,600 |
$1.560 |
198,081,111 |
Jul 14/11 |
10 - Acquisition or disposition in the public market |
20,000 |
$1.600 |
197,356,511 |
Jul 13/11 |
226,800 |
$1.600 |
197,336,511 |