It's a short trading day today - Canadian markets close at 10 a.m. PST, 1 p.m. EST - and also the last chance to lock in capital losses for the 2015 calendar year.
If you invest in the junior mining space, chances are you may have some of those!
However, one investor's tax-loss sale is another investor's buying opportunity. Insiders have also been doing a bit of late Christmas shopping - here are a few of the insider filings that caught our attention overnight:
Eurasian Minerals (EMX-V)
CEO David Cole bought 505,400 shares on Wednesday, adding to his 2% plus stake in the cash-flowing royalty play. The stock is down about 33% on the year.
Uracan Resources (URC-V)
The insider buy was tiny - 2,000 shares at .02 - but the purchaser is a heavy hitter in the resource space: B2Gold president and CEO Clive Johnson. He's also the chairman of Uracan and has been steadily buying shares of the Canada-focused exploration play, spending more than $16,000 on purchases in the past couple of weeks. Johnson is Uracan's largest shareholder with more than 16% of S.O. Gordon Keep is also on Uracan's board of directors.
Copperbank Resources (CBK-CSE)
Gianni Kovacevic bought another 400,000 shares of Copperbank on Dec. 23, paying .04 a share. Kovacevic has been one of the heaviest insider buyers in the junior mining space this year, steadily accumulating Copperbank, which employs a "pounds in the ground" business model. Kovacevic owns about 9% of outstanding shares (not including options and warrants). The author of "My Electrician Drives a Porsche?" will embark on a Toronto to Palo Alto, Calif. Tesla tour in the spring to spread the word about investing opportunities in energy metals.
Merry Christmas and happy holidays!
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