MX Gold Corp
OTC:MXLGF
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We don't have any information about MXLGF's insider trading.
MX Gold Corp
Glance View
MX Gold Corp. is a mining company, which engages in the exploration and development of mineral properties. The company is headquartered in Winnipeg, Manitoba. The company went IPO on 2009-10-30. The firm is focused on the exploration and development of its WillaMAX project, which is located in the Kootenay region of British Columbia. The company holds an approximately 100% interest in over four mineral properties in British Columbia, and is active in the development of its Willa Property. Its Max Mine and Milling facility is located over 130 kilometers north of the Willa Project site. The firm's subsidiary FortyTwo Metals Inc. (FortyTwo) holds title in certain properties known as the Max Mine and Mill (MAX), which includes an underground molybdenum mine, crushing, milling and concentrating facilities, tailing storage facilities, mineral claims, mining leases, licenses and other holdings, which are located in the Revelstoke Mining Division, British Columbia. FortyTwo also has interest in certain crown grants, mining leases and mineral claims contiguous to the core MAX mineral claims.
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.
