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Message: 1.25 Options...Boulay's sales...

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1.25 Options...Boulay's sales...

posted on Jan 27, 09 04:12PM

I know the 1.25 options and Boulay's sales after exercising his 0.15c options were previously discussed by Yukon Cornelius, Dove, Traps7, rufdiamond, mbgold, and Hotmuck.

I find the appearance/perception of the "exercise and sell" action can be dramatic all the same...especially when you put it in columns of red and green numbers and it is followed by the granting of more options.

: )

I know he still holds 746,763 + shares, it's just that the rush to grant options near market lows is distasetful...still love SGR...just experiencing trust issues with corporations in general.




San Gold Corporation (SGR)

As of January 26th, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Jan 23/09 Jan 16/09 Berzins, Ian Martin Direct Ownership Options 50 - Grant of options 250,000 $1.250
Jan 23/09 Jan 16/09 Kristjansson, Gestur Direct Ownership Options 50 - Grant of options 250,000 $1.250
Jan 22/09 Jan 08/09 Shearer, Courtney Adair Control or Direction Options 50 - Grant of options 250,000
Jan 17/09 Jan 08/09 Hubert, Benjamin Arthur Direct Ownership Options 50 - Grant of options 250,000
Jan 16/09 Jan 08/09 McCutcheon, James W. Direct Ownership Warrants 00 - Opening Balance-Initial SEDI Report
Jan 16/09 Jan 08/09 McCutcheon, James W. Direct Ownership Options 00 - Opening Balance-Initial SEDI Report
Jan 16/09 Jan 05/09 Boulay, Richard Albert Direct Ownership Common Shares 51 - Exercise of options 300,000 $0.150
Jan 15/09 Jan 08/09 Boulay, Richard Albert Direct Ownership Common Shares 10 - Disposition in the public market -11,500 $1.350
Jan 15/09 Jan 05/09 Boulay, Richard Albert Direct Ownership Common Shares 10 - Disposition in the public market -50,000 $1.200
Jan 15/09 Jan 06/09 Boulay, Richard Albert Indirect Ownership Common Shares 10 - Disposition in the public market -25,000 $1.200


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