Public market insider buying at Guyana Goldfields (GUY)

Public market insider buying at Guyana Goldfields (T:GUY)

The Baupost Group, a 10% Holder, acquired 167,000 Common Shares on a direct ownership basis at a price of $3.000 on October 10th, 2018. This represents a $501,000 investment into the company's shares and an account share holdings change of 0.6%.

Guyana Goldfields is in the Gold Sub Industry Group under the Basic Materials Sector.

Guyana Goldfields Inc. (Guyana Goldfields) is a Canada-based mineral development and exploration company primarily focused on the acquisition, exploration and development of gold deposits in Guyana, South America. The Company's Aurora Gold Mine is an operating gold mine project, which is located in Guyana. The Company owns approximately 100% interest in the Aurora Project, which has total proven and probable reserves of approximately 3.04 million ounces of gold. The Company also holds an interest in a land package located in the Aranka district of Guyana approximately 30 kilometers northeast of the Aurora Gold Mine, known as the Aranka Properties, which consist of a number of separate properties, including Sulphur Rose. Within an area located northeast from the Aurora Gold Mine, the Company also holds an interest in certain additional properties known as the Other Properties. The Company's subsidiaries include Aranka Gold Inc. and AGM Inc.