INSIDER TRADING — Copperquest officers sell shares

Two officers of CopperQuest (CDN) sold shares in October.

According to the Ontario Securities Commission’s OSC Bulletin, President James Parres bought 16,000 shares at an undisclosed price and sold 197,000 at 25-27 cents to hold 192,182.

Secretary-treasurer Audrey Hayes sold 117,000 shares at 25-30 cents to hold 728.

CopperQuest has an interest in a property which is adjacent to a rumored gold find in the Shining Tree gold camp in northern Ontario. The 35-claim property, held jointly with Strike Minerals (CDN), is within 600-700 ft. of a reportedly “fantastic” intersection by privately owned Premier Explorations. Premier is controlled by Carl Forbes, who is also president of Strike. A release from Strike mentions that the high-grade intersection may be a result of contamination.

American Barrick Resources (TSE) — Isabel Mulligan, director, exercised 20,000 options at $7.53 each and sold 20,000 shares at $38-39 to hold no shares and 70,000 options. Kenneth Thomas, officer, exercised 50,000 options at $7.53 each and sold 50,000 shares at $35.63 to hold 7,600 shares. Baja Gold (TSE) — Ronald Netolitzky, officer, was granted 80,000 options at $1.50 each to hold 80,000 options.

Breakwater Resources (TSE) — Garth MacRae, officer and director, was granted one million options at 17 cents each to hold one million options. Allen Palmiere, officer, was granted one million options at 17 cents each to hold a million.

BMR Gold (TSE) — Brant Little, officer, was granted 110,000 options at 64 cents each to hold 260,900.

Cambior (TSE) — Louis Gignac, officer and director, exercised 10,000 options at $10 each and sold 12,000 shares at $20.25-20.50 to hold 15,847 shares and 40,000 options. Pierre Chenard, officer, exercised 6,000 options at $9.50-14.38 and sold 6,000 shares at $20 each to hold zero.

Caribgold Resources (CDN) — David Bell, director and officer, bought 600,000 shares at $1 each to hold 600,000 shares. He was also granted 48,000 options at $1.65 each to hold 48,000 options. Geoffrey Noble, officer, bought 500,000 shares at $1 each, and was granted 48,000 options at $1.65 each to hold 500,000 shares and 48,000 options. Paul Zyla, president, exercised 48,000 options at $1.65 each and bought 545,000 shares at $1 each to hold 48,000 options and 545,000 shares.

Lac Minerals (TSE) — Peter Allen, senior officer, was granted 300,000 options at $9.62 each to hold 335,000 options. Craig Nelson, officer, exercised 20,000 options at $9.12 each and sold 20,000 shares at $10.12-10.25 to hold 6,254 shares.

Placer Dome (TSE) — Alexander Laird, officer, exercised 18,000 options at $16.50-26.37 and sold 18,000 shares at $29.25-32.00 to hold zero. Viceroy Resources (TSE) — Edward Holt, officer, sold 15,000 shares directly at $12.75 each, and 9,800 shares indirectly at $12.12 each to hold 10,000 shares indirectly.