A year ago, we reported insider buying at Copper Mountain Mining Corp. ahead of its mine start-up. Recently, Copper Mountain began shipping its first mineral concentrates. However, we are now seeing some insider selling. On Sept. 1, vice-president of exploration Peter Holbek sold 10,000 shares at $6.75. Later, between Sept. 14 and 19, director Allan T. Cloke sold 207,600 shares between the prices of $6.00 and $6.10. On Aug. 8, chief executive officer James O’Rourke bought 20,000 shares at $5.62 while a director bought 10,000 at $5.59.
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.Report Typo/Error