SN3165 (< 20)

Insider Buy Alert - Primero, Solitario

July 09, 2012 – Comments (4) | RELATED TICKERS: PPP , BRD , SAND

Hi Everyone,

I want to share some info. on recent insider buy transactions on some gold stocks I either own or are looking to aquire very shortly. Also, congrats to anyone who got into Magellan Minerals at .20 cents - it's already shot up to .32 cents, which I feel is just the beginning.

All info. is courtesy of CanadianInsider.com:

Solitario Resources

They just completed a $10 million financing with Sandstorm Gold (2.4 percent NSR on Mt. Hamilton project in Nevada). They have a very tight share structure with less than 35 million shares outstanding. Mt. Hamilton feasilibity showed 48K ounces for a mine life of 8 years, however, huge potential to expand the mine life and add new resources. "Mt. Hamiltion has demonstrated robust economics with $535 operating cash costs and excellent potential to add additional resources." Mt. Hamilton is their main focus, however, they also have a ton of other projects, including royalty properties, that are worth looking into. 

Jun 28/12 Jun 26/12 Maronick, James Direct Ownership Common Shares 11 - Acquisition carried out privately 45,000 $1.22
USD Jun 28/12 Jun 26/12 Herald, Christopher Direct Ownership Common Shares 11 - Acquisition carried out privately 180,000 $1.22
USD

Primero Mining 

I won't even go into Primero Mining here as many of you are well aware of their story by now.  If you are not, just read the past stories from TMFSinchiruna. It's his #1 gold stock for 2012 and beyond!

Jul 4/12 Jun 29/12 Conway, Joseph Francis Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $2.58
Jul 2/12 Jun 28/12 Blaiklock, David Direct Ownership Common Shares 10 - Acquisition in the public market 2,000 $2.46
Jul 2/12 Jun 28/12 Conway, Joseph Francis Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $2.46
Jun 29/12 Jun 28/12 Lendon, Heather Maura Direct Ownership Common Shares 10 - Acquisition in the public market 6,000 $2.44
Jun 25/12 Jun 21/12 Edey, Grant Arnold Direct Ownership Common Shares 10 - Acquisition in the public market 10,000 $2.88
Jun 6/12 Jun 6/12 Quartermain, Robert Allan Direct Ownership Common Shares 10 - Acquisition in the public market 5,000

$3.00