Welcome To The VIT Chat Board

The Company's Eagle Gold Project in Yukon Canada hosts a National Instrument 43-101 compliant Reserve of 2.3 million ounces of gold.

Free
Message: Re: Management Buying VIT's Stock?

Re: Management Buying VIT's Stock?

posted on Aug 30, 2008 01:59AM

Yes, they are fussy about blackout periods in Canada. There are no printed rules, every public company must create its own protocol for its insiders to follow. Generally speaking, small companies often observe the following blackout periods: 1) prior to routine financial results announcements, about 2 weeks; and 2) prior to major restructuring news such as planned mergers or takeovers, up to 2 months. Not sure about drilling results, probably closer to 2 weeks than 2 months.

But VIT is done buying another company, or so we thought, and results are out. Still, no insider buying. Does this mean they're working on another acquisition or merger ...



Share
New Message
Please login to post a reply