Time after time (or week after week), David Fawcett comes on this blog. Last May 12, he bought an other 10,000 shares of HLB at $1.10.

Regards,

G.L.

It has been a long time since we had witnessed a buy on this one. Toujours est-il que Glen Tennison bought last May 16, 100,000 shares of Pethealth at $0.10 per share. A big loser (-100%) in my dad portfolio.

Regards,

G.L.

Very strange behavior on this one. Many insiders have been active in the last year but Timminco faces many challenges and told investors to be cautious in its last press release.

Extract

During 2005, U.S. Magnesium LLC (“US Mag”), a Utah based magnesium company, requested the United States Department of Commerce (“DOC”) initiate a scope inquiry to determine whether the Company’s product exported from Canada is covered by the anti-dumping orders on magnesium from China and Russia. US Mag also requested the DOC initiate a similar review of another unrelated company’s exports.
In response, the DOC initiated a scope review in September 2005. The Company has filed a response to the inquiry to the DOC. In the event that US Mag is successful with its request, duties may be imposed on the Company. The Company expects to learn the results of this matter in the third quarter of 2006. No provisions have been made in the accounts related to this matter. Management believes that the inquiry is without merit, however management estimates that an adverse ruling could result in a duty payment by the Company in the range of $2.8 million to $3.8 million for September 2005, when the scope enquiry was initiated, to March 31, 2006. In the event that the Company is subject to an unfavourable ruling, the Company has plans to implement strategies to cure any non-compliance. Such actions would have material impacts on net income, working capital and cashflow and would likely take a minimum of several months and require significant funds to execute. The Company does not currently have these funds available and would have to secure them. In the event that the Company cannot secure these funds, the Company’s ability to operate as a going concern could be called into question.

So, René Boisvert bought 20,000 shares between May 15 and 17 at $0.35 per share.

Have  a great week-end.

G.L.

An insider was active some years ago on Simsmart. Today, the Corporation has announced that it must stop its activities because of a lack of funds.

Insiders are not always right !

http://www.ccnmatthews.com/news/releases.ControllerFr?action=check4Cookies&searchText=false&showText=all&actionFor=595797

G.L.

http://www.tmcnet.com/usubmit/2006/05/18/1656329.htm

Regards,

G.L.