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Three insiders at Zodiac Resources have purchased a combined C$1.2 million worth of company shares in the open market over the past six months, with chairman Brett Richards now the largest insider holder. Ronnie Stoeferle highlighted this development in a recent post, citing The Globe and Mail as the source of the information.
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Stoeferle has recently commented on shifts in commodity markets, noting that his IGWT Active Aurum signal is defensive and that gold and silver could fall below $4,000 and $50. He has also pointed out that the STOXX 600 index reached an all-time high this year, rising about 15 percent year to date. These prior observations come amid his latest attention to insider activity at Zodiac Resources.