Premier Gold Mines Ltd. is probably best known for its two flagship joint ventures with a Goldcorp affiliate in the Red Lake mining district of Ontario. However, it has also been focusing a fair amount of attention on Nevada this year. Recently, insiders have been buying. On July 3, chair Ebe Scherkus bought 50,000 shares in the public market at $4.63. Mr. Scherkus is a former president and chief operating officer at Agnico-Eagle Gold Mines. In addition, since June 28, two insiders have exercised options and have not sold.
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.