Chase Mining Corporation Ltd
ASX:CML
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Chase Mining Corporation Ltd
Glance View
Chase Mining Corp. Ltd. engages in the exploration and acquisition of mineral properties. The company is headquartered in Brisbane, Queensland. The company went IPO on 2007-11-15. Its principal activities include carrying out mineral exploration activities on its mineral exploration tenements and assessing other business development and research opportunities associated with the minerals industry. Its two geographical segments include Australia and Canada. The firm focuses on Torrington Topaz and Tungsten Projects. The firm holds two exploration licenses EL 8258 and EL 8355 in northern New South Wales. The Torrington Topaz and Tungsten Projects is located in northern New South Wales approximately 300 kilometers South-South-West of Brisbane. The project focuses on exploration of silexite. Its tenements comprise 18 units covering 51 square kilometers located in northern New South Wales, 240 kilometers south-west of Brisbane (Queensland) in proximity to the Torrington Township approximately 65 kilometers of south-west of the local Shire town of Tenterfield.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.