Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
On Friday, AIM listed Shanta Gold (SHG) announced that director Jonathan Leslie had bought 2.3 million shares which brings his total holding to 15.44 million or 3.34% of the company. Even at the current low price of 12p this purchase is not immaterial. The company is now capitalised at £55.42 million and is just off 12 month lows (10.375p) and well off 12 month highs (34.5p).
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