Fortune Minerals Ltd
TSX:FT
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Jiajiayue Group Co Ltd
SSE:603708
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Fortune Minerals Ltd
Glance View
Fortune Minerals Ltd. engages in the exploration and development of mineral properties. The company is headquartered in London, Ontario and currently employs 6 full-time employees. The firm is focused on advancing the vertically integrated NICO cobalt-gold-bismuth-copper project, comprised of a proposed mine and mill in the Northwest Territories that produce a bulk concentrate for shipment to a refinery. The Company’s assets include the NICO Cobalt-Gold-Bismuth-Copper project, Saskatchewan Metals processing plant and Other projects. The NICO Cobalt-Gold-Bismuth-Copper deposit is located in the Northwest Territories, 160 km from the city of Yellowknife. The Sue-Dianne copper-silver-gold deposit and other exploration projects in the Northwest Territories, and maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia and located approximately 24 kilometers north of the NICO deposit.
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.
