Goes to show that insider activity is not a good barometer of impending big events. Fronteer Gold was taken out by Newmont today at a 37% premium. The shares have been rising steadily since May from $4.50 up to $10.00 and as the insider activity would indicate there was no clues to the deal.

http://agoracom.com/ir/Fronteer/stock_quotes?qm_page=69841