There's nothing that truly moves markets in the insider trades noted below because in the end they're not much more than small. Small as in absolute size and small as in small-minded, too.
This is the kind of two-bit approach that turns serious people away from BS junior miners. These guys should tattoo "Screw you retail suckers" on their foreheads and be done with it.
We see directors Burne and Kopcheff exercise 100,000 options each at 45c then immediately punt them to the market, perhaps cos there's a new round of "incentive" (haha) options about to be doled out to the lucky ones at director and these guys want to clear the decks. But doesn't it strike you as plain cheap of these people? They're much more interested in coining in a quick sub $30k payday than looking out for the wellbeing of shareholders and maintaining interest in the stock price. After all, on July 21st Burne's sales made up a touch under half the day's total volume traded in GPR and on the 15th, the 100k sold by Kopcheff was nearly all the 105,600 shares sold that day....you think that's good for the share price?
Great Panther Silver Limited (GPR)
As of July 21st, 2010 Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price Jul 21/10 Jul 21/10 Burne, Malcolm Alec Direct Ownership Options 51 - Exercise of options -100,000 $0.450 Jul 21/10 Jul 21/10 Burne, Malcolm Alec Direct Ownership Common Shares 10 - Disposition in the public market -8,000 $0.710 Jul 21/10 Jul 21/10 Burne, Malcolm Alec Direct Ownership Common Shares 10 - Disposition in the public market -92,000 $0.700 Jul 21/10 Jul 21/10 Burne, Malcolm Alec Direct Ownership Common Shares 51 - Exercise of options 100,000 $0.450 Jul 16/10 Jul 15/10 Kopcheff, John Direct Ownership Options 51 - Exercise of options -100,000 $0.450 Jul 16/10 Jul 15/10 Kopcheff, John Direct Ownership Common Shares 10 - Disposition in the public market -8,500 $0.740 Jul 16/10 Jul 15/10 Kopcheff, John Direct Ownership Common Shares 10 - Disposition in the public market -61,500 $0.730 Jul 16/10 Jul 15/10 Kopcheff, John Direct Ownership Common Shares 10 - Disposition in the public market -30,000 $0.720 Jul 16/10 Jul 15/10 Kopcheff, John Direct Ownership Common Shares 51 - Exercise of options 100,000 $0.450
This is the kind of two-bit approach that turns serious people away from BS junior miners. These guys should tattoo "Screw you retail suckers" on their foreheads and be done with it.