Search Minerals Inc
XTSX:SMY
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Search Minerals Inc
Glance View
Search Minerals, Inc. engages in the acquisition, exploration, evaluation, and development of mineral properties. The company is headquartered in North Vancouver, British Columbia. The company went IPO on 2007-05-07. The company is also focused on finding and developing Critical Rare Earths Elements, Zirconium, and Hafnium resources within the emerging Port Hope Simpson St. Lewis CREE District of South East Labrador. The firm controls a belt 63 kilometers long and two kilometers wide and is road accessible, on tidewater, and located within three local communities. The firm is operating in three exploration prospects along the belt, which include FOX MEADOW, SILVER FOX, and AWESOME FOX. The company controls properties in three distinct areas of this region; the Port Hope Simpson Critical Rare Earth Element District in SE Labrador; the Henley Harbour Area in Southern Labrador, and the Red Wine Complex located in Central Labrador.
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.
