Zincore's boss buys Zincore (ZNC.to)

It may have been beaten up in this downturn, but Jorge Benavides, head honcho of Zincore (ZNC.to), still believes in his company:

Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Price
Aug 23/12	Aug 21/12	Alfaro, Jorge Benavides	Direct Ownership	Common Shares	10 - Acquisition in the public market	7,462,687	$0.130

That's just under  $1m cash and a pretty sizeable chunk of stock . No word on the counterparty though...perhaps old man HOC?

PS: oh yeah forgot to say, no position in ZNC right now, though owned it previously.