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Gold/Mining/Energy : Insiders tradings on canadian stocks -- Ignore unavailable to you. Want to Upgrade?


To: Scott Mc who wrote (183)2/17/1998 6:45:00 PM
From: Serge Collins  Respond to of 2322
 
Gilbert, Scott, All of the posts on this thread are interesting to read and I would like to see it continue. Chris' point about insider trading is very important and must be taken seriously as that sort of thing does go on. But as Scott points out, it is rather rare with MSE and TSE listed stocks that trade above $1. I don't think Chris was in any way disparaging this thread or insider trading in general but was merely indicating that caution should be exercised.

The reference to Dorset that both Scott and Gilbert make still sends shivers up my spine as I clearly recall that stock soaring in the early 90s. I can still recall reading Frank Mersch singing the praises of this company in the pages of the G&M and the now defunct Financial Times of Canada. Little did I know at the time what was actually going on behind the scenes (at the time the stock was trading at $2.25 and would subsequently rise to about $20). Missed out on that one after doing my DD on the company.

So it is important to stay abreast of things going on in the market. I often read the OSC Bulletin for insider transactions and consider it important information, but one must be able to distinguish between the various types of insider transactions.

Gilbert, le travail de recherche que tu fait est important et indispensable. Maintien le cap et ne lache pas meme si tu decides de nous quitter.