Congratulations to Ari Sussman, latest winner of the mining CEO millionaire payoff competition. If any of you sucke....OOPS SORRY! diligent investors who bought into that $57.5m financing back in October were worried about how the proceeds were being used, then fear not! Around 2% of the moolah has been safely pocketed by the company CEO.
Colossus Minerals Inc. (CSI) | As of December 13th, 2009 | ||||||
| Filing Date | Transaction Date | Insider Name | Ownership Type | Securities | Nature of transaction | # or value acquired or disposed of | Unit Price |
| Dec 11/09 | Dec 03/09 | Sussman, Ari b | Direct Ownership | Common Shares | 10 - Disposition in the public market | -100 | $5.990 |
| Dec 11/09 | Dec 02/09 | Sussman, Ari b | Direct Ownership | Common Shares | 10 - Disposition in the public market | -73,200 | $6.030 |
| Dec 11/09 | Dec 02/09 | Sussman, Ari b | Direct Ownership | Common Shares | 10 - Disposition in the public market | -25,500 | $6.050 |
| Dec 11/09 | Dec 02/09 | Sussman, Ari b | Direct Ownership | Common Shares | 10 - Disposition in the public market | -13,700 | $6.020 |
| Dec 11/09 | Dec 02/09 | Sussman, Ari b | Direct Ownership | Common Shares | 10 - Disposition in the public market | -29,100 | $6.090 |
| Dec 11/09 | Dec 02/09 | Sussman, Ari b | Direct Ownership | Common Shares | 10 - Disposition in the public market | -4,000 | $6.100 |
| Dec 11/09 | Dec 02/09 | Sussman, Ari b | Direct Ownership | Common Shares | 10 - Disposition in the public market | -1,900 | $6.110 |
| Dec 11/09 | Dec 02/09 | Sussman, Ari b | Direct Ownership | Common Shares | 10 - Disposition in the public market | -21,300 | $6.150 |
| Dec 11/09 | Dec 02/09 | Sussman, Ari b | Direct Ownership | Common Shares | 10 - Disposition in the public market | -700 | $6.170 |
That little lot adds up to 169,500 shares for gross proceeds of one million and twenty-seven thousand, two hundred and eighty-six dollars. Yes indeedy, Ari's auto-Christmas present this year is ONE.....MILLION.....DOLLARS
HOORAY FOR CAPITALISM!
