MGX Minerals Inc
OTC:MGXMF
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We don't have any information about MGXMF's insider trading.
MGX Minerals Inc
Glance View
MGX Minerals, Inc. engages in the acquisition, exploration, and development of mineral resource properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2014-10-07. The Company’s projects include Heino Gold, Fran Gold property, Sturgeon Lake project and Driftwood Creek project. The Fran property lies within the Quesnellia Terrane of the Canadian Cordillera and is underlain by Takla Group sedimentary and volcaniclastic rocks intruded by dykes and small stocks of monzonite, monzodiorite and diorite. The Sturgeon Lake project is located in the Fox Creek area of west-central Alberta approximately 85 kilometers east of the city of Grande Prairie. The Driftwood Creek project resides in the Driftwood mining district approximately 164 kilometers north of Cranbrook, British Columbia. The firm through its subsidiary, PurLucid Treatment Solutions Inc. utilizes licensed nanoflotation technology to provide oilfield operators with wastewater handling solutions.
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.
