Insider Trading Regal director on buy side

Regal Goldfields (CDN) director Robert Taylor recently increased his position in the Toronto-based diamond exploration company which has options on claims covering a kimberlite pipe northeast of Kirkland Lake, Ont.

According to the Ontario Securities Commission’s OSC Bulletin, Taylor purchased 13,500 shares from February to April for 70-90 cents to hold 79,500.

Having acquired an option to earn a 100% in 64 unpatented claims, Regal is developing a plan with partner James Tilsley and Associates to determine the frequency, size and quality of diamonds in the kimberlites.

Other mining insiders who were active in the stock market recently include:

Arimetco International (TSE) director John Gairdner bought 10,000 shares for $3.55-3.85 to hold 15,000 indirectly.

Audrey Resources (TSE) officer Jean Bailly sold 13,000 shares for $3.20-3.45 to hold 5,200.

Black Hawk Mining (TSE) Executive Vice-President (of affiliate) Richard Renaud bought 100,000 shares for 45 cents to hold 100,000.

Conwest Exploration (TSE) Vice-President William Barnett sold 9,000 class B shares for $12.75-13.25 to hold 18,000.

Corona (TSE) officer (of affiliate) Henry Ewanchuk sold 5,000 shares for $4.40 to hold 1,289.

Golden Rule Resources (TSE) Secretary-Treasurer Leslie Bitz sold 10,000 shares for $1.24 to hold 5,000.

Goldex Mines’ (TSE) largest shareholder Agnico-Eagle Mines (TSE) bought 110,000 shares for 82 cents to hold 4.3 million.

Teck (TSE) Chairman Norman Keevil sold 29,600 Class B shares for $22.50 to close out his direct holdings. He also sold 7,000 Class B shares indirectly at the same price to hold 318,545 indirectly.


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