Kinross unloads Greystar

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

Aurcana (AUN-V) — Ronald Netolizky, director, sold 1.17 million shares at 11-20 apiece, acquired 950,000 shares at 10 under a prospectus exemption, and, after expiring 150,000 warrants, was granted 500,000 warrants that can be exercised at 13 apiece. He now holds 343,750 shares and 500,000 warrants.

Aurora Platinum (ARP-V) — Exploration Capital Partners Limited, owner of more than 10%, sold 41,600 shares at $2.80-2.87 to hold just under 2.6 million shares.

Bema Gold (BGO-T) — Roger Richer, director, exercised 50,000 options at 31 and sold 90,000 shares at 75-81 to hold 400,000 options and 40,000 shares; Thomas Garagan, officer, bought 58,030 shares privately at 50 or 66 and was granted 2,500 warrants with unspecified strike prices to hold 59,030 shares and 2,500 warrants; Mark Corra, officer, exercised 50,000 options at 31 and sold 40,000 shares at 81-$1 to hold 350,000 options and 60,000 shares; Clive Johnson, director, bought 134,848 shares privately at 66 to hold 236,948 shares directly and 9,233 shares indirectly; and George Johnson, officer, bought 30,303 shares privately at 66 to hold 33,303 shares.

Corriente Resources (CTQ-T) — Kenneth Shannon, director, bought 87,000 shares at 90 or 93 to hold 647,752 shares.

Greystar Resources (GSL-T) — Kinross Gold (K-T), which must report its trading activities by virtue of owning more than 10% of the company, sold 748,500 shares at 17-26 apiece to hold just under 9.42 million shares.

Lakota Resources (YLA-V) — George Breuler, director, bought 34,300 shares at $1.56-1.70 to hold 1.59 million shares.

Majescor Resources (MAJ-V) — Andre Audet, director, exercised 130,000 options at 33 or 46, sold the resulting shares at 85-$1.91, was granted 100,000 options priced at $1.68 and bought 14,500 shares at 90-$1.78 to hold 470,162 options and 423,500 shares; Andre Gaumond, director, directly or indirectly exercised 300,000 options at 40-50 and 60,000 warrants at 65, was granted 60,000 options that have a strike price of $1.68 and sold 413,916 shares at $1.25-1.88 to hold 260,000 options, no warrants and 301,058 shares; Jacques Letendre, director, exercised 150,000 options at 33 or 46, was granted 100,000 options having a strike price of $1.68 and sold 237,000 shares at $1.29-1.80 to hold 350,000 options and no shares; and Gaetan Mercier, officer, exercised 20,000 options at 46 or 55 and was granted 30,000 options with a strike price of $1.68 to hold an unspecified number of shares and 80,000 options.

Philex Gold (PGI-V) — Deogracias Contreras, deemed an insider, sold 2,380 shares at $1 or $1.05 to hold none; and Renato Migrino, deemed an insider, sold 5,408 shares at $1 or $1.05 to hold none.

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