Tim Lindsey, chairman of Revett Minerals (RVM.TO, NYSEMKT:RVM) has bought 26,300 shares in the open market at an average price of $2.19, for a total consideration of almost $58,000. This is obviously a very comforting vote of confidence and shows that the chairman isn’t scared to have more skin in the game at these prices as we expect the Troy Mine to reopen in Q2 of this year.
We are currently finalizing a flash note and a Q&A report on Revett Minerals, which you can expect shortly.
Disclosure: Revett Minerals Inc. is a sponsoring company. Please see our disclaimer for current positions.
