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Gold/Mining/Energy : Alta Gold -- Ignore unavailable to you. Want to Upgrade?


To: Joe King who wrote (712)4/16/1999 6:03:00 PM
From: Gary Sanders  Read Replies (1) | Respond to of 749
 
From Kaplan's Gold Mining Outlook, goldminingoutlook.com :

On Friday, April 16, 1999, John A. Bielun, chief financial officer of Alta Gold Co. (ALTA), announced a PURCHASE on April 6 of 10,000 shares at a price of 0.50 per share, bringing his total holdings to 60,000 shares

You would think that the CFO would know about the pending Chapter 11 - 9 days before it occurred. The fact that he bought anyway, can't be bad news.