Track what the insiders are doing daily at CEO.CA/insiders
Glen Clark - The former B.C. premier stands at the unlikely intersection of the coal export business and NDP politics. Clark, premier of British Columbia from 1996 to 1999, was famously hired by billionaire entrepreneur Jimmy Pattison while facing breach of trust charges related to his time in office (he was later cleared). Clark is now president of the Jim Pattison Group and has been pegged as a potential successor to his 87-year-old boss. The Jim Pattison Group is a vast conglomerate with interests in everything from food and groceries (Sun-Rype, Save On Foods/Overwaitea) to forest products (Canfor) and entertainment (Guinness World Records, Ripley's Believe it or Not!). And coal, through Westshore Terminals' port operations. Clark is now a Westshore Terminals (WTE-T) director and he bought 2,000 shares at $15.64 last week.
Related reading: Funny things happen when Glen Clark meets Jimmy Pattison
Eldorado Gold (ELD-T) - The Vancouver-based gold producer has upped its stake in Val d'Or high-grade exploration play Integra Gold (ICG-V) with the purchase of another 2 million shares, at .44. The buy takes Eldorado's stake in Integra to about 15.5% of outstanding shares and increases the odds of an eventual takeout. Integra shares are up 37% YTD and the company is coming off its successful Gold Rush Challenge, with winners announced during PDAC.
Peter Barnes - As CEO of Silver Wheaton (SLW-T), Peter Barnes helped build one of the largest silver companies in the world. He stepped down in April 2011, when Randy Smallwood took the helm. Barnes remains active in the business and on Monday, he was buying shares of Richmont Mines (RIC-T), where he joined the board on Feb. 24. Barnes bought 2,100 shares at $6.77, a purchase that comes after a 63% increase in the share price YTD and insider selling from other Richmont execs. Barnes is also a director of MAG Silver (MAG-T) and a former chairman of CB Gold, which was taken out by Red Eagle Mining (RD-V).
Richard Mundie - The director at Taseko Mines (TKO-T) is the latest insider to buy shares as the B.C.-focused copper producer fends off activist hedge fund Raging River Capital. Mundie bought 50,000 shares at .70.
