Pasinex Resources Ltd
CNSX:PSE
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Pasinex Resources Ltd
Glance View
Pasinex Resources Ltd. engages in the acquisition, exploration and development of mineral properties. The company is headquartered in Toronto, Ontario. The company went IPO on 2007-05-23. The firm is engaged in the acquisition, exploration and development of mining and exploration projects in Turkey and Nevada. The firm owns 50% of Horzum Maden Arama ve Isletme Anonim Sirketi (Horzum AS), which holds the producing Pinargozu high-grade zinc mine, through its wholly owned subsidiary, Pasinex Arama ve Madencilik Anonim Sirketi (Pasinex Arama). The firm also holds an option to acquire 80% of the Gunman high-grade zinc exploration project (Gunman Project) located in White Pine County, Nevada. Its Akkaya property is located approximately 1.5 kilometers north of the Pinargozu Mine on the Horzum Zinc Trend (HZT), which is a northeast trending zinc-mineralized belt of carbonate-dominated sedimentary rocks in Adana.
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.