Glen Eagle Resources Inc
XTSX:GER
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Glen Eagle Resources Inc
Glance View
Glen Eagle Resources, Inc. engages in acquisition, exploration, and evaluation of mineral properties. The company is headquartered in Montreal, Quebec. The firm is engaged in the acquisition, exploration and the evaluation of mining properties. Its projects include Moose Lake Phosphate Project, Piedra Dorada and La Moloncasa properties. The Moose Lake Phosphate property is located approximately 150 kilometers south of Lisette Lake. The Piedra Dorada and La Moloncasa properties are located approximately 164 kilometer south of the capital city of Tegucigalpa in Honduras. The properties are located 17 kilometers to the east of Choluteca. The Piedra Dorada and La Moloncasa properties cover an area of approximately 1,000 hectares and 400 hectares.
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.