Komet Resources insider Wares invests $72,000

Komet Resources Inc {TSX.V: KMT} insider Robert Wares acquired 200,000 shares of the stock in a transaction dated Wednesday, November 29th.

The shares were bought at an average cost of C$0.36 per share, with a total value of C$72,000.00.

 

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Comment

After a poor year production wise, and Komet not achieving their production nor revenue objectives by quite some margin, this investment reflects a huge vote of confidence by an insider in the BOD.

 

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Komet Resources Inc {TSX.V: KMT} insider Robert Wares acquired 200,000 shares of the stock in a transaction dated Wednesday, November 29th.

The shares were bought at an average cost of C$0.36 per share, with a total value of C$72,000.00.