The silver-to-gold price ratio hit multiyear lows in September, and it ran into resistance this week as it tried to recover.
For contrarians who believe bearish silver sentiment is overdone, Morocco-focused Maya Gold & Silver Inc. may offer a way to play a recovery.
Since April, director Robert Taub has spent more than $800,000 buying shares in the public market. Most recently, from Aug. 21 to Oct. 4, he bought 327,200 shares at an average price of $2.45. Earlier, on Aug. 14, another director bought 20,000 shares at $2.20.
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.