1844 Resources Inc
XTSX:EFF
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We don't have any information about EFF's insider trading.
1844 Resources Inc
Glance View
1844 Resources, Inc. is an exploration company. The company is headquartered in Saskatoon, Saskatchewan. The company went IPO on 2007-09-24. The principal business of the Company is the identification, exploration and development of mineral properties. Its Vortex project is a copper molybdenum exploration opportunity in the Gaspe region of Quebec. The project covers approximately 80 square kilometers of land and is comprised of three main claim groups, the Sullipek deposit, situated on the western edge of the project area; the Sullipek East property, a skarn/porphyry copper opportunity; and the Madeleine des Vercheres claim group. Its Davidson project is situated in the Chibougamau Region. The project is grassroot and mainly for base metal exploration, including Copper, Zinc, Cobalt. The Native Copper Project, situated west of the Municipality of Chandler, Quebec, is composed of 4 sectors Native Copper South, North-West, North-East and Central. The firm acquire 15 mining claims in the Lac Arsenault project, the southern part of the Gaspe Peninsula, Quebec.
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.