Today, we revisit Chesapeake Gold Although the stock has made some significant gains since we first wrote about it in late June, 2010, over the last three months it has been trailing some broader market indexes. Contrarians may want to take note that between Jan. 5 and Jan. 27, Chesapeake CEO Randy Reifel bought 30,000 shares in the public market between the prices of $9.50 and $10. Later, on Feb. 21, director Peter Franklin Palmedo bought 37,100 shares at $9.57.
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.
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