Caracara's Princesa project hosts a small silver-zinc-lead resource and has historical workings on the property (Source: Caracara Silver Inc.)

Caracara’s Princesa project hosts a small silver-zinc-lead resource and has historical workings on the property (Source: Caracara Silver Inc.)

Robert Disbrow, the Vice President of Institutional Sales and Director of Haywood Securities Inc and co-founder of former institutional powerhouse firm First Marathon, is acquiring shares of micro-cap silver-zinc explorer Caracara Silver (CSV:TSXV).  According to filings, Mr. Disbrow has acquired roughly 2 million shares since September 2013 at prices ranging between $0.065 and $0.025 per share.  His most recent acquisition was for 431,000 shares on January 28th at a price of $0.025.  According to SEDI, Mr. Disbrow owns over 10% of the company’s 51,895,835 share float.  The market cap is only $1.9 million.

The company had over $1 million in cash as of September 30, 2013.  The company has a host of exploration projects in Peru including the Princesa project which hosts 4.6 Mt 90.88 g, Ag/ t 1.69% Zn, 1.66% Pb including 13 million ounces of direct silver.  Last summer, they completed a 4,000m drill campaign with a highlight hole of 15.2m of 86.1g/t silver and 3.3% combined lead-zinc (2.56% lead and 0.77% zinc).

Here’s the chart:
CSV Chart
CSV data by YCharts