Solis Minerals Ltd
XMUN:08W
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Solis Minerals Ltd
Glance View
Solis Minerals Ltd. is a mining exploration company, which engages in the exploration of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2008-07-15. The firm is engaged in the acquisition and exploration of mineral properties in Chile and Peru. The company has three copper exploration projects, which include Mostazal project, Ilo Este and Ilo Norte projects. The company holds a 100% interest in a package of prospective iron oxide copper/gold (IOCG) and porphyry copper projects in southwestern Peru. The Mostazal project is located in Atacama region of Chile approximately 80 kilometers northeast of Copiapo. The property is situated within the north-south trending Domeyko Fault System. The Ilo Este Project is a copper porphyry system with gold, silver and molybdenum located within southern Peru’s costal copper belt. The company has approximately 44 concessions totaling over 36,000 hectares. The Ilo Norte Project is located in the Arequipa Region, which consists of four contiguous concessions covering approximately 3,300 hectares located in southern Peru’s coastal copper belt.
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.
