St. Elias Mines

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Insider trading
almost 11 years ago
12

I make a habit of checking Insider Trading at least 2 or 3 times a week, so I was quite surprised when a friend sent me this on Intigold:

Oct 10/13 Mar 15/13 Lachance, Robert j Direct Ownership Common Shares 10 - Disposition in the public market -10,000 $0.110
Oct 10/13 Mar 20/13 Lachance, Robert j Direct Ownership Common Shares 10 - Disposition in the public market -50,000 $0.100
Oct 10/13 Mar 15/13 Lachance, Robert j Direct Ownership Common Shares 10 - Disposition in the public market -36,000 $0.100
Oct 10/13 Mar 11/13 Lachance, Robert j Direct Ownership Common Shares 10 - Disposition in the public market -25,000 $0.110
Oct 10/13 Feb 28/13 Lachance, Robert j Direct Ownership Common Shares 10 - Disposition in the public market -49,000 $0.110
Oct 10/13 Feb 22/13 Lachance, Robert j Direct Ownership Common Shares 10 - Disposition in the public market -30,000 $0.100
Oct 10/13 Feb 7/13 Lachance, Robert j Direct Ownership Common Shares 10 - Disposition in the public market -76,818 $0.095
Oct 10/13 Feb 12/13 Lachance, Robert j Direct Ownership Common Shares 10 - Disposition in the public market -100,000 $0.090
Oct 10/13 Jan 3/13 Lachance, Robert j Direct Ownership Common Shares 10 - Disposition in the public market -70,000 $0.118
Oct 10/13 Nov 15/12 Lachance, Robert j Direct Ownership Common Shares

00 - Opening Balance-Initial SEDI Report

446,818

http://canadianinsider.com/node/7?menu_tickersearch=igd

I'm wondering why Mr. Lachance is listed as an insider? Has he taken Tina's place on the BOD and if so, why wasn't this publicly announced? Is he a director for SLI now as well? If he hasn't traded any SLI shares, there would be no way of finding out. I'm not sure I'd be selling so much IGD with all the exciting news about TTAGIT.

Also, I wondered how I had missed these trades, but then I looked at the filing date, and they were all filed on Oct. 10, 2013 and yet the trading dates were as far back as January.

Alberta Securities have these transactions listed as late filings:

http://www.albertasecurities.com/Insider%20Reports/Sedi_Late_Filers-2013-10-16.pdf

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molson200
City
Darwell
Rank
President
Activity Points
12469
Rating
Your Rating
Date Joined
10/18/2011
Social Links
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St. Elias Mines
Symbol
SLI
Exchange
TSX-V
Shares
130.4 M (FD) : Nov 29, 2011
Industry
Metals & Minerals
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