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