Message Font: Serif | Sans-Serif
 
No. of Recommendations: 3
Here is a clip from the INK insider report.

A director of TriStar Oil & Gas (TOG) bought 10,000 shares in the public market between July 19th and 20th at prices ranging from $6.50 and $6.55. Since the company started trading, officers and directors have acquired a combined total of 383,885 shares in the public market at an average price of $7.09, with the lowest price paid being $6.20 and the highest being $8.20.
There have been no insider public-market sales, although there was one private sale of 49,267 shares.

And from Dow.

DOW JONES NEWSWIRES
TriStar Oil & Gas Ltd. (TOG.T) has entered into a bought-deal financing agreement for the sale of 1,690,000 flow-through shares on a private-placement basis at C$8.90 each, for gross proceeds of C$15,041,000.
The Calgary oil and gas producer said proceeds will be used to fund the company's exploration opportunities.
According to the TSX Web site, the company has 45 million shares outstanding.
-John Moritsugu, 416-306-2100; AskNewswires@dowjones.com



According to the insider there have been purchases valued at over 2.7 million since start up and no selling. There isn't much information on webbroker on this company. At first blush this looks like a company worthy of further investigation. Can anyone fill in the blanks for me?

Thanks.

Pat.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.