THEMAC Resources Group Ltd
XTSX:MAC
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THEMAC Resources Group Ltd
Glance View
THEMAC Resources Group Ltd. is a canabian-based resource company, which engages in the acquisition, exploration and development of natural resources properties. The company is headquartered in Vancouver, British Columbia. The firm is in the business of acquiring, exploring, and developing natural resource properties. The company is in the business of developing its Copper Flat Mine (Copper Flat) in New Mexico through its subsidiary, New Mexico Copper Corporation (NMCC). The Copper Flat deposit is a polymetallic porphyry deposit containing copper, molybdenum, gold, and silver. Its Copper Flat Mine is located in the Hillsboro Mining District of Sierra County, New Mexico, located approximately 150 miles (242 kilometers) south of Albuquerque, New Mexico, and over 20 miles (32 kilometers) southwest of Truth or Consequences, New Mexico. The Copper Flat Mine consists of approximately 28 patented lode mining claims, four patented placer mining claims, over 202 unpatented lode mining claims, over 41 unpatented placer mining claims, over nine unpatented mill sites, and approximately 16 fee land parcels in contiguous and non-contiguous land parcels and claim blocks.
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.