Well today another 300K shares were bought by a director of TVI getting it close to the 900KM shares since may 27th. Even if comments were made at the beginning to the effect that is was small amount of money, we are now talking close to 72K$.
Shares were bought mostly by these 2 directors:
Wayne G. Thomson , B.Sc., Director
Mr. Thomson currently serves as a Director for Cenovus Energy Inc. and Orion Oil and Gas Corp. and is the Chairman and President of EnviroValve Inc. Previously, Mr. Thomson was President of Hadrian Energy Corp. and Gardiner Oil and Gas Limited, both public companies listed on the Toronto Stock Exchange. Prior to these appointments, Mr. Thomson held the role of President of Petrocorp Exploration and spent the previous six years at the Alberta Energy Company.
Mr Thompson has bought 400K ( close to 32K$) and as you can see he is greatly involved in oil and gas.
Aloysius B. Colayco , Director
Mr. Colayco is Managing Director of Argosy Partners, Inc., a private investment and advisory firm, and a Senior Partner of Argosy Advisors, Inc. He also serves as President for Level Up! Holdings, Country Chairman for Jardine Matheson, Philippines, Member of the JM Asia Pacific Regional Board, Chairman for Republic Cement (an affiliate of Lafarge), Chairman for Colliers Philippines, Member of the Advisory Board for JG Summit Holdings, Inc. and Senior Advisor for Asia Strategic Capital Fund and Asia Environmental Partners Fund.
As for Mr Colayco, he bought 420K shares for a value close to 33K$ and is involved in capital fund.
We should not forget also Rhonda Bennetto who bought 50K also.
This is a great volume, must mean something and it is worth mentioning especially because there are many blackout periods during which no insider can trade the shares..
As a personal opinion, this could just be the beginning and remember that those shares will probably not put back on the market until TVI flies and to me it has the same meaning as a company buy back shares.
Shares were bought mostly by these 2 directors:
Wayne G. Thomson , B.Sc., Director
Mr. Thomson currently serves as a Director for Cenovus Energy Inc. and Orion Oil and Gas Corp. and is the Chairman and President of EnviroValve Inc. Previously, Mr. Thomson was President of Hadrian Energy Corp. and Gardiner Oil and Gas Limited, both public companies listed on the Toronto Stock Exchange. Prior to these appointments, Mr. Thomson held the role of President of Petrocorp Exploration and spent the previous six years at the Alberta Energy Company.
Mr Thompson has bought 400K ( close to 32K$) and as you can see he is greatly involved in oil and gas.
Aloysius B. Colayco , Director
Mr. Colayco is Managing Director of Argosy Partners, Inc., a private investment and advisory firm, and a Senior Partner of Argosy Advisors, Inc. He also serves as President for Level Up! Holdings, Country Chairman for Jardine Matheson, Philippines, Member of the JM Asia Pacific Regional Board, Chairman for Republic Cement (an affiliate of Lafarge), Chairman for Colliers Philippines, Member of the Advisory Board for JG Summit Holdings, Inc. and Senior Advisor for Asia Strategic Capital Fund and Asia Environmental Partners Fund.
As for Mr Colayco, he bought 420K shares for a value close to 33K$ and is involved in capital fund.
We should not forget also Rhonda Bennetto who bought 50K also.
This is a great volume, must mean something and it is worth mentioning especially because there are many blackout periods during which no insider can trade the shares..
As a personal opinion, this could just be the beginning and remember that those shares will probably not put back on the market until TVI flies and to me it has the same meaning as a company buy back shares.
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