McWatters director opens own account

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

q Anatolia Minerals Development (YMC.U-V) — Erden Yuksel, who is an insider under the Ontario Securities Act, bought 43,000 shares at US60-65 apiece and was granted 25,000 options exercisable at US40 each to hold 266,000 shares directly or indirectly and 25,000 options directly.

q Aurora Platinum (ARP-V) — Exploration Capital Partners Limited Partnership, owner of more than 10% of the company, sold 10,000 shares at $3.54 or $3.59 to hold 2.61 million shares directly.

q Donner Minerals (DML-V) — Harvey Keats, director, sold 50,000 shares indirectly at 16 or 17 to hold none indirectly but 301,886 shares directly; David Patterson, director, sold 32,500 shares at 11 to hold 12,500 shares directly.

q Doublestar Resources (DSR-V) — Alan Savage, owner of more than 10% and a director, bought 25,500 Class A shares at 29-34 and sold 4,000 Class A shares at 32 to hold 4.22 million Class A shares in all.

q Eldorado Gold (ELD-T) — Hugh Morris, director, exercised 100,000 options at 40 and sold the resulting shares at $1.66 to hold 430,000 options directly and 45,000 shares in all; Earl Price, officer, exercised 27,000 options at 80 and sold the resulting shares at $1.77 or $1.78, plus 35,000 shares at $1.75-1.77, to hold no shares directly but 605,000 options; Paul Wright, director, exercised 153,000 options at 80 or $1 and sold the resulting shares at $1.65-1.69 to hold 1.3 million options and 100,000 shares directly; Dawn Moss, officer, bought 2,000 shares at $1.50 to hold 7,000 shares directly.

q Etruscan Resources (EET-T) — Glenn Holmes, officer, bought 24,000 shares at $1.11-1.34 and sold 1,000 shares at $1.30 to hold 347,500 shares directly.

q Expatriate Resources (EXR-V) — Walter Segsworth, director, bought 205,000 shares privately at 7-10 to hold 280,000 shares directly.

q FNX Mining (FNX-T) — Robert Cudney, director, sold 25,400 shares directly at $5.05-5.90 and 2,000 shares privately at $1 to hold 164,100 shares directly; Northfield Capital, owner of more than 10%, sold 25,000 shares directly at $5.25 and 25,000 shares privately at $1 to hold 2.04 million shares directly; David Constable, officer, sold 10,000 shares at $5.75 to hold none directly; James Patterson, officer, sold 4,700 shares at $5.60 and 45,300 shares at an unspecified price, then exercised 50,000 options at $2.55 to hold 50,000 shares and an unspecified number of options directly.

q Kookaburra Resources (KOB-T) — Nick Demare, director, sold 73,000 shares at 9-14 to hold 59,000 shares indirectly.

q Ivanhoe Mines (IVN-T) — Daniel Kunz, director, exercised 800,000 options at $1.20-2.12 and sold 500,000 of the resulting shares at $2.88 or $2.90 to hold 628,000 options and 417,844 shares directly.

q Minefinders (MFL-T) — James Dawson, director, sold 3,100 shares at $5.60 or $5.70 to hold 6,900 shares directly; Herman King, director, exercised 10,000 options at $1.78 to 75,000 options and 25,000 shares directly.

q McWatters Mining (MWA-T) — Julie Godard, director, bought 455,742 shares at 17 or 17.5 to hold 455,742 shares directly.

q Mountain Province Diamonds (MPV-T) — Jan Vandersande, director, sold 20,000 shares at US89-95 to hold 50,000 shares directly; Pradeep Varshney, officer, exercised 60,000 options at $1.01 and sold the resulting shares at $1.39-1.49 to hold no shares directly but 115,000 options; Paul Shatzko, director, exercised 40,000 options at 60 and sold 30,000 shares at $1.39-1.50 to hold 370,000 options and 153,201 shares directly.

q Opawica Explorations (OPW-T) — Paul Antoniazzi, director, sold 340,000 shares privately at 15 to hold 705,900 shares directly; Donald Clark, director, sold 614,000 shares at 10 or 10.5 to hold 284,500 shares directly.

q Pure Gold Minerals (PUG-T) — Eugene Beukman, director, sold 260,000 shares at 7-8 to hold 500 shares directly.

q Rubicon Minerals (RMX-V) — John Tognetti, owner of more than 10%, sold 20,000 shares at 89-92 to hold 3.75 million shares directly.

q Southpoint Resources (SPR-V) — Archibald Nesbitt, director, bought 54,500 shares at $1.64-1.85 to hold 940,777 shares in all.

q Taseko Mines (TKO-V) — Robert Dickinson, director, sold 12,000 shares at 40 and 14,086 shares at US24 or US25 to hold none directly.

q TVI Pacific (TVI-T) — Clifford James, director, sold 2 million shares privately at 5 to hold 9.02 million shares in all.

q Uraguay Mineral Exploration (UME-V) — Tony Shearer, director, bought 40,000 shares at 82 to hold 420,000 shares. He also holds 46,667 warrants directly; the warrants can be exercised at $1.50 apiece.

q Valerie Gold Resources (VLG-V) — Arthur Drummond, director, bought 40,000 shares at 18 to hold 90,000 shares in all.

q Vaaldiam Resources (VRL-V) — Widespread Portfolios, owner of more than 10%, bought 510,000 shares privately at 20 to hold 4.1 million shares directly.

q Western Quebec Mines (WQM-T) — Murray Pollitt, director, bought 82,900 shares at $1.25 or $1.40 and exercised 102,200 warrants at $1 to hold 2.58 million shares and an unspecified number of warrants directly.