Galleon Gold Corp
XTSX:GGO
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Galleon Gold Corp
Glance View
Galleon Gold Corp. operates as an exploration and development company. The company is headquartered in Toronto, Ontario and currently employs 4 full-time employees. The Company’s properties include West Cache Gold Project and Neal Gold Project. The West Cache Gold Project is located in Bristol and Ogden Townships in the Porcupine Mining Division, District of Cochrane, Province of Ontario. The property consists of approximately 265 unpatented mining units and 11 patented mining claims, which are located in the Bristol and Ogden Townships in the Timmins-Porcupine Mining Camp for a total of approximately 3,765 hectares. The Neal Gold Project is located near Boise, Idaho. The property consists of approximately 5 patented mining claims covering approximately 22.4 hectares, and 7 unpatented lode claims covering about 52.6 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.