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On Aug. 7, Generation Mining Ltd. (GENM-T) received the final federal approval required for its palladium-copper Marathon Project to begin construction. However, three provincial approvals are pending, which Generation expects in the coming months. Meanwhile, insiders have continued to buy, helping the stock grab 12th spot in the October INK Edge Top 20 Mining and Crypto-equities Report. For example, from Dec. 11 to Sept. 11, CEO Jamie Levy bought 293,000 shares at an average price of $0.22. He now holds just over 8.5 million shares.
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.