Jorge Bedoya (nice tie)Dorato Resources Inc. (DRI) | As of June 16th, 2009 | ||||||
| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Jun 16/09 | Jun 15/09 | Bedoya, Jorge Arturo | Direct Ownership | Common Shares | 10 - Disposition in the public market | -261,100 | $0.600 USD |
The thing is, Bedoya ain't no common or garden insider in this company. He's the man who knows the area Dorato is exploring more than anyone else in the DRI.v team, as his "Afrodita" company is the one that Dorato bought into/bought out (there's still some confusion whether Afrodita is officially owned by Dorato or if it's still in the optioning stage) to get its hands on those concessions way up in North Peru.
Afrodita has been working the area for well over a decade,and Bedoya has spent plenty of time up there. He knows the area and he knows the people. In fact, he knows them so well that he was witness at a government enquiry into problems there a few years ago. So it's more telling than most insider sales that a guy so intimate with Dorato's property affairs is now bailing in the company, taking the money and running.
Afrodita has been working the area for well over a decade,and Bedoya has spent plenty of time up there. He knows the area and he knows the people. In fact, he knows them so well that he was witness at a government enquiry into problems there a few years ago. So it's more telling than most insider sales that a guy so intimate with Dorato's property affairs is now bailing in the company, taking the money and running.