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Polar Star: One of many Venture companies with insiders buying Add to ...

Canada has a competitive advantage in the sweepstakes to provide the emerging world with resources. The Milken Institute recently ranked Canada the best place globally to raise capital. That is a significant endorsement of the Venture Exchange. A strong loonie helps. Venture companies can raise capital here and invest abroad at attractive exchange rates. Domestic projects also benefit due to lower costs for imported equipment.

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The loonie's strength may help explain why Venture insiders have been bullish all year. Chilean-focused Polar Star Mining provides a good example. Over the past six months, directors bought 1,005,038 shares in the public market at an average price of 51 cents. In addition, in October 10-per-cent holder HudBay Minerals exercised 1,004,366 warrants to acquire more shares of the copper miner.

Disclaimer: Ted Dixon is CEO of INK Research, which provides insider news and knowledge to investors. Investments profiled are from a recent edition of the Morning INK report which is distributed daily to subscribers and clients of select financial institutions. INK staff may hold shares in profiled securities.

 
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HBM-T HudBay Minerals 9.04 0.0000
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