Eric Sprott

Eric Sprott is a declared insider of Newmarket Gold Inc., with filings sourced from SEDI. We count 25 filings; the first trade dates from 26 April 2016 and the latest from 22 September 2016.

Both buying and selling appear: 1 purchase worth €270k, against 19 sales worth €18.3M. The net balance comes to €18.0M on the selling side. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay.

Most recently, on 16 November 2016, the filings show an open-market sale worth €282k in Newmarket Gold Inc. The clock since the last published purchase (16 September 2016) now reads 3,690 days. The median gap between a trade and its publication by SEDI is 3 days. Until a filing is published, the market cannot know about the trade. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. Source: insider filings from SEDI. Past trades are no guide to future returns.