Eldorado, Romarco insiders trim holdings

Recent insider trading transactions reported by the Ontario Securities Commission include the following:

— Aquiline Resources (AQI-V) — Marc Henderson, director, bought 60,000 shares at 21-25 apiece to hold roughly 1.15 million shares.

— Aurizon Mines (ARZ-T) — Ian Walton, director, sold 15,000 shares at $1.38 or $1.39 to hold 550,100 shares.

— Aurogin Resources (AUQ-V) — Edward Thompson, director, exercised 100,000 warrants privately at 10 apiece and sold the resulting shares privately at 10 to hold 162,500 warrants and 560,500 shares.

— Aur Resources (AUR-T) — James Gill, director, sold 175,000 shares at $3.80 to hold 1.49 million shares; Howard Stockford, director, exercised 55,556 options at $3.38 apiece, was granted 55,556 options that can be converted to shares at $3.60, and sold 55,000 shares at $4.05 to hold 300,000 options and 101,181 shares; Michel Drouin, officer, exercised 25,000 options at $3.38 and sold the resulting shares at $3.60 or $3.63 to hold 200,000 options and 5,000 shares.

— Breakwater Resources (BWR-T) — Gordon Bub, director, acquired 2.56 million shares under a prospectus exemption at 24 and sold 695,000 shares at 24-26 to hold 3.55 million shares directly or indirectly.

— Canarc Resource (CCM-T) — Prudent Bear Funds, owner of more than 10% of the company, bought 84,000 shares at US33 to hold 9.5 million shares.

— Dynatec (DY-T) — David Banks, director, bought 50,000 shares at 46 to hold 750,000 shares.

— Eldorado Gold (ELD-T) — B.V. Montagu, former owner of more than 10%, sold 10.5 million shares at 90 to hold 20 million shares.

— Etruscan Resources (EET-T) — Glenn Holmes, officer, bought 17,500 shares at $1.08-1.24 to hold 376,600 shares.

— FNX Mining (FNX-T) — Robert Cudney, director, sold 7,000 shares at $6.50-6.65 to hold 151,000 shares; Terence Podolsky, director, sold 10,000 shares at $7.05 to hold 203,501 shares; and Northfield Capital, owner of more than 10%, sold 2,000 shares at $6.65 to hold 1.89 million shares.

— Freegold Ventures (ITF-T) — Harry Barr, director, bought 67,000 shares directly or indirectly at 43-46, sold 38,000 shares indirectly at 45, and was indirectly granted 150,000 options exercisable at 50 to hold 476,448 shares in all and 150,000 options indirectly.

— Gammon Lake Resources (GAM-T) — Terence Coughlan, director, sold 17,500 shares indirectly at $2.21-2.31 and 7,000 shares directly at $2.22-2.33 to hold 1.3 million shares in all; and Bradley Langille, director, sold 14,000 shares indirectly at $2.21-2.35 to hold 1.1 million shares indirectly.

— Glamis Gold (GLG-T) — Gerald Sneddon, director, sold 43,600 shares at US$11.50 or US$12.04 to hold 26,230 shares; and Jean Depatie, director, exercised 10,000 options at $2.70 and sold the resulting shares at $18 or $18.04 to hold 140,000 options and 2,000 shares.

— Glencairn Gold (GLJ-V) — Kerry Knoll, director, bought 20,000 shares at 48 to hold 1.06 million shares.

— Golden Hope Mines (YGH-V) — Theodore Polisuk, director, sold 291,500 shares directly or privately at 20 or 27 to hold 206,171 shares.

— Lakota Resources (YLA-V) — George Breuler, director, bought 7,600 shares at $4.34-4.85 to hold 3.63 million shares; and John Tindale, director, exercised 25,000 options at 15 and sold 2,000 shares at $4.5 or $5 to hold an unspecified number of options and 24,100 shares.

— LionOre Mining (LIM-T) — Douglas Coate, director, exercised 75,000 options indirectly at $1.15 or $1.32 and sold 95,000 shares indirectly at $5.50 or $5.62 to hold an unspecified number of options and 60,000 shares indirectly.

— Mustang Minerals (YMU-V) — Brian Barr, director, sold 17,500 shares indirectly at 81-90 to hold 143,500 shares indirectly.

— Moneta Porcupine Mines (ME-T) — Michael Zurowski, director, sold 25,000 shares at 16 to hold none.

— Northern Orion Explorations (NNO-T) — Patrick O’Kane, director, sold 56,200 shares at 16 or 22 and was granted 500,000 options exercisable at 13 to hold no shares and 1 million options; Diane Cohen, owner of more than 10%, sold 1.7 million shares at 17 to hold 8.31 million shares in all.

— Romarco Minerals (R-T) — Joseph Van Bastelaar, director, sold 1 million shares at 23 to hold 501,100 shares.

— SouthernEra Resources (SUF-T) — Patrick Evans, director, bought 10,700 shares at $6.20-7.18 to hold 63,900 shares.

— Southwestern Resources (SWG-T) — Parkash Athwal, officer, exercised 2,500 options at $4.35 and sold the resulting shares at $16.15 to hold 32,000 options and no shares; Thomas Beattie, officer, exercised 10,000 options at $3.90 and sold the resulting shares at $14.90 or $16.14 to hold 15,000 options and no shares; and Christoph Petersen, officer, exercised 8,000 options at $4.35 and sold 10,000 shares at $15 or $17 to hold 45,500 options and no shares.

— St. Jude Resources (SJD-V) — Michael Terrell, director, bought 14,000 Class A shares at $1.25 or $1.37 to hold 1.01 million shares; and Chris Bennett, director, sold 26,500 Class A shares at $1.25-1.39 to hold 88,217 Class A shares.

— Sulliden Exploration (SUE-T) — Jacques Trottier, director, bought 4,000 shares at 70 or 72 and sold 15,000 shares at 70 to hold 520,002 shares; Groupe Financier Socrate, owner of more than 10%, bought 144,500 shares at 68-69 to hold 224,500 shares; and Socrate-Capital, owner of more than 10%, bought 1 million treasury shares at 54 and was granted 1 million warrants exercisable at 70 apiece. The firm also purchased 375,000 shares privately at 20, as well as 375,000 warrants that are exercisable at 30. Socrate-Capital now holds 1.88 million shares and 2.53 million warrants.

— Tan Range Exploration (TNX-T) — James Sinclair, director, bought 58,480 shares privately at $1.71 to hold 58,480 shares; Victoria Luis, director, sold 150,000 shares at $1.65 or $1.78 to hold 250,000 shares; and Anton Esterhuizen, director, sold 50,000 shares at $1.39 to hold 50,000 shares.

— Tenke Mining (TNK-T) — Lukas Lundin, director, bought 10,000 shares at $1.30 to hold 272,560 shares.

— Viceroy Resource (VOY-T) — Robert Matthews, director, sold 50,000 shares at 41 to hold 200,000 shares.

— Wolfden Resources (YWO-V) — Ewan Downie, owner of more than 10% and a director, exercised 150,000 options at 40-75 and sold 100,000 shares at $1.87 to hold an unspecified number of options and 1.64 million shares; and John Cook, director, sold 25,000 shares at $1.65 or $1.67 to hold 57,000 shares.