INSIDER TRADING — Bolivar insider triples holdings

Recent insider trading transactions reported by the Ontario Securities Commission in its OSC Bulletin include the following:

• Bolivar Goldfields (BVG-T) — Sun Valley Gold, owner of more than 10% of the company, bought 1 million shares privately and indirectly at US30 cents to hold 1.5 million shares indirectly.
• Guyana Goldfields (GGFI-C) — Patrick Sheridan, Jr., owner of more than 10% and a director, bought 62,500 shares indirectly 32-42 cents to hold 96,000 shares indirectly.
• Hornby Bay Exploration (HBBY-C) — James Brady, owner of more than 10% and a director, bought 80,000 shares privately at 22-25 cents to hold 2.58 million shares.
• Manthattan Minerals (MAN-T) — Graham Clow, director, bought 7,100 shares at $2.90-3.00 to hold 7,100 shares; and Brian Lock, director, bought 30,000 shares indirectly at $2.80-3.05 to hold 80,800 shares indirectly.
• Pacific Rim Mining (PFG-T) — Catherine Mcleod-Seltzer, director, sold 37,500 shares privately or directly at $1.52-1.70, allowed 360,000 options priced at $3.85 to expire and was granted 150,000 options, which are exchangeable into shares at $1.49, to hold 457,500 shares and 350,000 options; Kathryn Church, officer, was granted 12,000 options at $1.49 to hold 120,000 options; David De Witt, director, was granted 40,000 options priced at $1.49 to hold 100,000 options; David Ernst, officer, was granted 85,000 options priced at $1.49 to hold 225,000 options; William Gehlen, officer, was granted 85,000 options priced at $1.49 to hold 225,000 options; William Myckatyn, director, was granted 40,000 options priced at $1.49 to hold 250,000 options; Tony Petrina, director, allowed 150,000 options priced at $3.85 to expire and was granted 40,000 options priced at $1.49 to hold 100,000 options; and Thomas Shrake, director, bought 30,000 shares indirectly at US96 cents, allowed 300,000 options priced at $3.85 to expire and was granted 150,000 options at $1.49, to hold 29,500 shares directly and an unspecified number indirectly plus 350,000 options.
• Pure Gold Minerals (PUG-T) — Eugene Beukman, director, exercised 50,000 options at 19 cents, was granted 314,800 options priced at 19 cents and sold 50,000 shares at 18-20 cents to hold 500 shares and an unspecified number of options; Donald Sheldon, director, exercised 150,000 options at 19 cents, was granted 425,000 shares priced at 19 cents and sold 44,000 shares privately or directly at 19-20 cents to hold 368,698 options and 448,811 shares; Debra Watkins, officer, sold 100,000 shares privately at 19 cents and was granted 50,000 options priced at 19 cents to hold no shares and 1.13 million options.