Landon T. Clay, 10% Owner at GOLDEN QUEEN MINING CO LTD (GQM), bought 4,919,858 shares at $2.05 ($10.1M) on 2013-03-21, disclosed to the SEC on 2013-03-25.
Open-market purchase of $10.1M GQM by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $2.05 | 1,557,617 | $3.2M | 31.7% |
| 2 | $2.05 | 3,362,241 | $6.9M | 68.3% |
| Total | $2.05 avg | 4,919,858 | $10.1M | 100% |