Timmins & Beardmore - Northern Ontario

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Message: Insider trading... odd

Insider trading... odd

posted on Nov 22, 2007 05:09AM

Anybody have any ideas... 200K is a fairly large amount (80K profit). Does anyone know how many shares Bill Love holds?  I find this especially odd given the NRs since he sold. Maybe he just needed the cash for something (downpayment on a house???)

http://www.canadianinsider.ca/coReport/allTransactions.php?ticker=sgx

Nov 02/07 Nov 01/07 Love, William, Donald Direct Ownership Options 51 - Exercise of options -200,000
Nov 02/07 Nov 01/07 Love, William, Donald Direct Ownership Common Shares 51 - Exercise of options 200,000 $0.100
Nov 02/07 Oct 25/07 Love, William, Donald Direct Ownership Common Shares 10 - Disposition in the public market -200,000 $0.520
Oct 30/07 Oct 25/07 Baylis, Joseph John Direct Ownership Common Shares 10 - Disposition in the public market -20,000 $0.590

mz

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