We return to Lavras Gold Corp. (LGC-X), which we last featured here in late September. The stock has had a nice albeit volatile run on the back of drilling results from its LDS project in southern Brazil. Thanks to on-going insider buying, the stock also took No. 4 spot in the June INK Top 20 Mining Report. Over the past 30 days alone, director Rusty Rostislav bought 208,700 shares at an average price of $1.62. He now holds just over 3.9 million shares.
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Ted Dixon is CEO of INK Research which provides insider news and knowledge to investors. For more background on insider reporting in Canada, visit the FAQ section at www.inkresearch.com. Securities referenced in this profile may have already appeared in recent reports distributed to INK subscribers. INK staff may also hold a position in profiled securities.
Chart reflects public-market transactions of common shares or unit trusts by company officers and directors.