The Globe and Mail
Over the past six months, Benz Mining Corp. BZ-X stock has more than tripled, and it hit a 52-week high of $2.70 on Jan. 29. Benz is focused on its Glenburgh Gold Project in Western Australia. It has caught our attention because a director was buying during the recent precious metals selloff despite the stock’s strong run. From Jan. 30 to Feb. 3, Director Nicholas Jolly bought 64,571 common shares in the public market at an average price of $2.41. Earlier, on Dec. 22, Mr. Jolly bought 15,098 shares at $1.42.
Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.