Insider Trading: Sodemex trims Aurizon account

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

Agnico-Eagle Mines (AGE-T) — Leanne Baker, director, bought 2,500 shares at US$10.45 to hold 2,500 shares; Sean Boyd, director, exercised 20,000 options at $6.55 apiece to hold 483,950 options and 148,506 shares; and Barry Landen, officer, exercised 10,000 options at $6.85 or $8.25 to hold 166,000 options and 60,345 shares.

Aquiline Resources (AQI-V) — March Henderson, director, bought 254,000 shares at 24 or 25, sold 110,000 shares at 27-37, and acquired 100,000 warrants under a prospectus exemption priced at 35 to hold 1.29 million shares and 245,000 warrants; and Martin Walter, director, bought 112,000 shares privately or directly at 25 and was granted 55,000 warrants exercisable at 35 to hold 262,000 shares and 105,000 warrants.

Aurizon Mines (ARZ-T) — Ian Walton, director, bought 20,000 shares indirectly at $1.18 and sold 10,000 shares indirectly at $1.30 to hold 235,900 shares indirectly; and Sodemex, owner of more than 10% of the company, sold 1.1 million shares at $1.25 or $1.27 to hold 6.73 million shares.

Aurogin Resources (AUQ-V) — Henry Reimer, director, bought 200,000 shares privately or directly at 10 and was granted 100,000 warrants exercisable at 15 to hold 200,000 shares and 100,000 warrants; and John Paterson, director, bought 6,000 shares at 11-16 to hold 426,400 shares.

Corriente Resources (CTQ-T) — Leonard Harris, director, bought 10,000 shares at US69.5 to hold 10,000 shares.

Darnley Bay Resources (DBL-V) — Patricia Mannard, director, bought 170,000 shares privately at 10 to hold 206,000 shares.

Diamondworks (DMW-T) — Antonio Teixeira, a director, and owner of more than 10% of the company, sold 13,300 shares privately and indirectly at $4 to hold 40.97 million shares.

Etruscan Resources (EET-T) — Gerald McConnell, director, bought 110,500 shares at 90 and 10,000 shares at $1.09 to hold 1.19 million shares directly and 502,000 shares indiretly; and Glenn Holmes, officer, bought 36,500 shares directly or privately at 93-$1.11 and sold 7,500 shares privately at $1.26 to hold 405,600 shares.

FNX Mining (FNX-T) — Robert Cudney, director, sold 3,700 shares directly at $6.10 and 2,000 shares privately at $1 to hold 124,100 shares; David Constable, officer, sold 15,000 shares at $5.55-6.60 to hold 5,000 shares; and Northfield Capital, owner of more than 10%, bought 12,000 shares at $6.20 and sold 110,500 shares at $5.95-6.65 to hold roughly 1.69 million shares.

Freegold Ventures (ITF-T) — Harry Barr, director, bought 2,000 shares directly at 38 and 26,500 shares indirectly at 35-40 and sold 38,000 shares indirectly at 37 or 38 to hold 39,150 shares directly and 428,298 shares indirectly.

Gabriel Resources (GBU-T) — Vasile Timis, director, sold 368,985 shares indirectly and privately at $2.28 to hold 8.38 million shares indirectly.

Gammon Lake Resources (GAM-T) — Bradley Langille, director, sold 6,500 shares indirectly at $2.33-2.35 to hold 1.08 million shares indirectly; and Terence Coughlan, director, sold 6,000 shares indirectly at $2.14-2.34 to hold 201,600 shares indirectly.

Iamgold (IMG-T) — Mark Nathanson, director, sold 1.5 million shares indirectly at $6.17-6.55 to hold 5.77 million shares; Grant Edey, officer, sold 20,640 shares at $7.25 or $7.29 to hold 24,180 shares; Mahendra Naik, officer, sold 19,656 shares at $6.60 to hold 251,909 shares; William Pugliese, a director, and owner of more than 10%, sold 1.18 million shares indirectly at $6.37-7.40 to hold 12.09 million shares.

Lakota Resources (YLA-V) — George Breuler, director, bought 59,300 shares at $4.05-4.82 to hold 3.73 million shares; and Stanley Robinson, director, sold 3,700 shares at $4.41-4.75 to hold 11,300 shares.

LionOre Mining International (LIM-T) — Gilbert Playford, director, sold 500,000 shares at $5.46-5.70 to hold 3.84 million shares directly and 2.52 million shares indirectly.

Majescor Resources (MAJ-V) — Andre Audet, director, bought 52,500 shares at 23-26 to hold 483,825 shares.

Millstream Mines (YLI-V) — Robert Chase, director, bought 47,500 shares at 5-8 and sold 40,000 shares at 7.5-9 to hold 606,000 shares.

Mustang Minerals (YMU-V) — Nadim Wakeam, officer, sold 28,224 shares indirectly at 33 or 35 to hold 10,000 shares indirectly; and Thomas Meredith, director, sold 10,000 shares at 36 to hold none.

NFX Gold (YNX-V) — Northfield, owner of more than 10%, sold 761,000 shares at 6 or 8 to hold 3.91 million shares.

Novagold Resources (NRI-T) — Gerald McConnell, director, sold 9,000 shares at $3.80-3.92 to hold 310,407 shares.

Orvana Minerals (ORV-T) — John Mitchell, officer, sold 30,000 shares at US8.2-$1.08 to hold 111,817 shares.

Rio Narcea Gold Mines (RNG-T) — Alberto Lavandeira, director, bought 5,000 shares privately at $2.08 and sold 34,600 shares privately at $2.15 to hold 220,400 shares; and Eugene Spiering, officer, bought 75,000 shares privately at 70, exercised 75,000 options at $1.15, and sold the resulting shares at $2.25-2.47 to hold 201,667 options and 115,000 shares.

Shore Gold (SGF-V) — Jonathan Challis, director, sold 50,000 shares at 75 to hold 281,500 shares; and Kenneth MacNeill, owner of more than 10% and a director, sold 133,600 shares at 74-$1.03 to hold 1.61 million shares directly and 1.35 million shares indirectly.

Southpoint Resources (SPR-T) — Michael Ratushny, director, bought 10,000 shares at $1.40, exercised 100,000 warrants indirectly at 42 and was granted 45,000 options exercisable at $1.50 to hold 628,500 shares directly and 300,000 shares indirectly, plus 155,000 options directly and 100,000 warrants indirectly.

Sulliden Exploration (SUE-T) — Group Financier Socrate, owner of more than 10%, sold 224,500 shares at 55 to hold none; Sylvain Perreault, deemed an insider, bought 39,000 shares directly at 55 and 74,000 shares indirectly at 55 to hold 39,000 shares directly and 236,500 shares indirectly; and Lilanne Trudel, also deemed an insider, bought 111,500 shares at 55 to hold 274,000 shares.

Tan Range Exploration (TNX-T) — James Sinclair, director, bought 175,243 shares privately at $1.23 or $1.36 to hold 233,723 shares; Marek Kreczmer, director, exercised 98,000 warrants at 60 and sold 80,000 shares at $1.20-1.42 to hold no warrants and 174,994 shares; and Victoria Luis, director, sold 50,000 shares at $1.35-1.42 to hold 200,000 shares.

Twin Mining (TWG-T) — James Gray, director, bought 166,667 shares at 30 to hold 2.58 million shares.

Wolfden Resources (YWO-V) — Jean-Pierre Colin, director, sold 11,200 shares at $1.74 or $1.75 to hold none; and Ewan Downie, a director, and owner of more than 10%, bought 20,000 shares at $2.05 and sold 6,000 at an unspecified price to hold 1.65 million shares.

X-Cal Resources (XCL-T) — Shawn Kennedy, director, bought 130,500 shares at 49-68 to hold 1.83 million shares.

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