INSIDER TRADING — Diamond players sell Aber shares at

Two of the key players in the Lac de Gras diamond hunt were active in the stock market recently, with company share prices reacting to moves made by majors Kennecott and BHP-Utah Mines.

According to the Ontario Securities Commission’s OSC Bulletin, Aber Resources (TSE) officer Christopher Jennings sold 100,000 shares privately for $2.10 to hold 140,000. Director Thatcher Townsend sold 27,360 shares for $2.12-2.35 and 9,000 privately for 50-60 cents to hold 121,000.

Since those transactions were completed in mid-June, shares of Aber and sister company SouthernEra Resources (TSE) have softened slightly to trade at $1.75 and $1.55, respectively.

Other mining insiders who were active in the stock market recently include: Asamera Minerals (TSE) affiliate Asamera Inc., which owns more than 10%, transferred 23 million shares priced at $1.40 into a Canadian numbered company.

Champion Gold Resources (ASE) President Larry Melnick exercised an option on 120,000 shares at 20 cents to hold 1.9 million.

Equinox Resources (TSE) chief financial officer Pierre Masse was granted the right to purchase 40,000 options for $1.45 to hold 130,000.

Redstone Resources (TSE) director Seymour Schulich sold 40,000 shares for $4.20 to hold 160,000.

Tyler Resources (TSE) affiliate Golden Rule Resources (TSE), which owned more than 10%, sold 2.4 million shares for 27 cents to hold none.