Colombia Energy Resources Inc
OTC:CERX
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Colombia Energy Resources Inc
Glance View
Colombia Energy Resources, Inc. engages in the business of acquiring, developing, operating, and exploring metallurgical coal assets in the Republic of Colombia, South America. The company is headquartered in San Francisco, California and currently employs 133 full-time employees. The company went IPO on 2006-07-11. The firm is engaged in the business of acquiring, developing and operating metallurgical coal assets in the Republic of Colombia, South America. The Company’s projects include North Block Mining Project, Otanche Mining Project, Ruku Mining Complex and Boavita Mining Project. The firm owns coal mining concession contracts, which grants the right to explore and exploit coal deposits, in the departments of Boyaca and Santander, areas well-known for metallurgical coal formations, and is operating and developing metallurgical coal mines and conducting exploration of its coal deposits. The Company’s current operations are focused on production, exploration and development activities. Through its wholly owned subsidiaries, the Company owns 100% of Colombia Clean Power S.A.S., which is a Colombian company established to acquire and develop coal concessions.
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.