Mithril Resources Ltd
ASX:MTH
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SSE:603719
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Mithril Resources Ltd
Glance View
Mithril Resources Ltd. engages in the exploration and development of mineral properties. The company is headquartered in Melbourne, Victoria. The company went IPO on 2002-11-18. The company is focused on discoveries, acquisitions and production of gold and silver in Mexico’s Sierra Madre Gold Silver Trend. The firm operates through two segments: Mexican operations and Australian operations. Mexican operations segment engaged in Copalquin District mining projects. The concession area is located approximately four hours’ drive from the city of Culiacan and eight hours drive from the city of Chihuahua via highway 24. The town of El Durazno is located approximately 20 kilometers east of the concession area. Australian operations segment engaged in Copalquin Gold Silver Project. The company has exploration partners to farm-in, sole fund and operate exploration activities on its Australian assets, which include Great Boulder Resources at the Lignum Dam Project, Auteco Minerals at the Limestone Well Project, Carnavale Resources at the Kurnalpi Project, and CBH Resources Limited at the Billy Hills Zinc Project.
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.
