Yesterday a dude named Jorge Bedoya sold 261,100 shares of Dorato Resources (DRI.v) into the market (here’s the filing).
Dorato Resources Inc. (DRI)
|As of June 16th, 2009|
|Filing Date||Transaction Date||Insider Name||Ownership Type||Securities||Nature of transaction||# or value acquired or disposed of||Unit Price|
|Jun 16/09||Jun 15/09||Bedoya, Jorge Arturo||Direct Ownership||Common Shares||10 – Disposition in the public market||-261,100||$0.600 USD|
Afrodita has been working the area for well over a decade,and Bedoya has spent plenty of time up there. He knows the area and he knows the people. In fact, he knows them so well that he was witness at a government enquiry into problems there a few years ago. So it’s more telling than most insider sales that a guy so intimate with Dorato’s property affairs is now bailing in the company, taking the money and running.