INSIDER TRADING (February 17, 1992)

William Dickie, a director of Toronto-based Goldhunter Explorations (ASE), was active in the stock market recently.

According to the Ontario Securities Commission OSC Bulletin, Dickie bought 130,000 shares for 36 cents and sold 143,000 for 29 cents to hold 19,500. Goldhunter is a player in the Shining Tree, Ont., region where it has properties which tie on to the Fort Knox Gold Resources’ nickel-copper discovery. Trading at around 28 cents, Goldhunter recently cut option deals on three of those properties with Venturex Resources (VSE), Commonwealth Gold (VSE) and Cruiser Minerals (VSE).

Other mining insiders who were active in the stock market recently include: Champion Gold Resources (ASE) subsidiary Future Avenir sold 14,500 shares for 43-56 cents to hold 126,676. President Larry Melnick sold 27,000 shares for 40-55 cents to hold 1.7 million.

Fort Knox Gold Resources (TSE) Exploration Vice-President Wayne Whymark sold 150,000 shares last year for 27-34 cents after exercising options on the same number to close out his holdings.

Pacific Gold (TSE) shareholder Elwin Cathcart, who owns more than 10%, bought two million shares for 10 cents to hold the same number.

Shiningtree Resources (ASE) affiliate Montclerg Resources (ASE) sold 50,000 shares for 25-30 cents to hold 260,00.

Western Quebec Mines (TSE) President Murray Pollitt bought 19,700 shares for 50-55 cents to hold 620,000.