Buffalo Coal Corp
XTSX:BUF
We don't have any information about BUF's insider trading.
Buffalo Coal Corp
Glance View
Buffalo Coal Corp.engages in the acquisition, exploration, development, and operation of coal mining properties in southern Africa. The company is headquartered in Dundee, Kwazulu-Natal. The company went IPO on 2007-03-01. The Company, through Buffalo Coal Dundee Proprietary Limited (BC Dundee), holds interest in two coal mines in South Africa (BC Dundee Properties). The BC Dundee Properties comprise the Aviemore anthracite mine (Aviemore), the Magdalena bituminous mine (Magdalena), the Balgray anthracite project (Balgray) and the Aviemore North Adit anthracite project (North Adit). The Aviemore is located four kilometers from the town of Dundee in KwaZulu-Natal and encompasses approximately 5,592 hectares. The Magdalena is located approximately 22 kilometers from the town of Dundee in KwaZulu-Natal, South Africa and encompasses approximately 1,844 hectares. The Balgray Project is an expansion to the Aviemore reserve situated on the Mining Rights MR 301 and MR 10083, adding an additional reserve of approximately 2.6 million tones. The firm is focused on the production of anthracite coal from Aviemore.
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.
