INSIDER TRADING — Barrick, Black Hawk executives sell shares

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

  • Barrick Gold (ABX-T) — Michael Brown, officer, exercised 10,000 options at $22.55 and sold those shares at US$19.56 to hold 142,500 options and no shares.
  • Black Hawk Mining (BHK-T) — James Hendry, officer, sold 23,445 shares at 13 cents to hold none; also, Repadre Capital, owner of more than 10% of the company, announced for the first time that it owns 13.69 million shares.
  • Columbia Metals (COML-C) — Carl Di Placido, director, bought 33,000 shares at 22-30 cents and sold 90,000 shares at 25-33 cents to hold 884,819 shares.
  • Findore Gold Resources (FGRL-C) — Andrew Currah, director and owner of more than 10%, sold 42,500 shares at 23-35 cents and exercised 50,000 options at 20 cents to hold 175,001 shares and 20,300 options.
  • Meridian Gold (MNG-T) — FMR, owner of more than 10%, bought 19,300 shares indirectly at US$4.71-5.44 to hold 7.82 million shares; and Robert Matthews, director, was granted 10,000 options with a strike price of $8.85 to hold that many.
  • Nuinsco Resources (NWI-T) — Garry Hughes, director, bought 20,000 shares directly at 89 cents and 19,500 shares indirectly at 75-86 cents to hold 70,500 shares in total.
  • Opawica Explorations (OPW-T) — Donald Clark, director, bought 5,000 shares at $1.10-1.14 and sold 24,000 shares at $1.55-1.80 to hold 46,500 shares.
  • Pangea Goldfields (PGD-T) — Jean Potvin, director, sold 25,000 shares at $2.02 to hold 553,600 shares directly and 110,000 shares indirectly.
  • Silver Standard Resources (SSO-V) — Robert Quartermain, director, exercised 100,000 warrants at $1.60 and sold 169,000 shares at $1.60-1.90 to hold 163,000 warrants and 69,500 shares.
  • Wheaton River Minerals (WRM-T) — Raymond Bergen, officer, bought 25,000 shares in a private placement at 20 cents and another 13,000 shares indirectly at 20 cents to hold 50,500 shares in total; and John Kalmet, officer, bought 25,000 shares in a private placement at 20 cents to hold 131,785 shares.
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