As trading blackouts remain in effect for many large stocks around third-quarter earnings time, it gives us an opportunity to return to the junior mining area where we still see plenty of insider activity. B.C.-focused Surge Copper Corp. SURG-X is working on an updated resource estimate and pre-feasibility study for its 100-per-cent-owned Berg copper-molybdenum-silver-gold project. From Oct. 6 to 9, chairman Christian Kargl-Simard bought 200,000 shares in the public market at an average price of $0.27. He now holds just over 4 million shares.
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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.