IKN

Hereditary sloth instructs me

Is Simon Ridgway bringing Emerick Resources (ERC.v) out the broom cupboard?

Simon Ridg….hold on! Shome mishtake shurely ossifer!
The Gold Group stable (aka “The Ridgway Companies”) have had a pretty decent last six months, as this chart shows. Radius (RDU.v) is up tons, Fortuna (FVI.to) over a double, new kid in town Iron Creek (IRN.v) has started well and even Focus Ventures (FCV.v), beaten up when its Nueva California drill program caught a whole bunch of newsletter writers overhyping,  has made a recovery from lows and is active with the drill machine again.

All except Emerick Resources (ERC.v) that is, the Ridgway Yukon area vehicle that found very little via chasing up soil samples at its projects in 2009. Yup it’s up a bit, but the volumes have been pitiful with zero market interest about the ticker. But is that about to change? Checking over at insider activity this morning, we note….

Emerick Resources Corp. (ERC)

As of December 7th, 2010
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Dec 07/10 Dec 02/10 Keyser, Harmen J. Direct Ownership Common Shares 00 – Opening Balance-Initial SEDI Report    
Dec 07/10 Dec 02/10 Cass, David Maurice Direct Ownership Common Shares 00 – Opening Balance-Initial SEDI Report  

…insiders taking up a position in ERC (with the name “Cass” particularly intruiging). I don’t own ERC and I’m not planning on changing that in the near future, but I will be keeping an eye out on the newsflow to see if the company starts the resurrection shuffle. This one got pumped by Casey back in 2009 and although it’s the type of promo that house tends to “forget” they ever did, it does show that the communications channels are already set for the shepherds. DYODD, dude.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.