The stock of Ontario-focused Mineral Mountain Resources Ltd. has more than doubled since its debut last summer with former Rainy River CFO Marshall Bertram at the helm. Since the IPO, Mineral Mountain has attracted two other Rainy River executive alumni including former CEO Nelson Baker. He currently holds 1.8 per cent of Mineral Mountain shares.
The stock's gains have not deterred other insiders from buying either. The most recent purchase took place on Jan. 24, when Finance VP Ron Rieder bought 100,000 shares at 60 cents.
Disclaimer:
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.
Graph Footnote:
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.