Thursday, November 5, 2009

More lucky inside sales in Canadian mining companies

part one: Kinross (KGC) (K.to)
Question: If you're the CEO of a gold miner, when do you get to know about the quarter just finished? Perhaps as it finishes, right?

Kinross Gold Corporation (K)

As of November 4th, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Oct 06/09 Sep 30/09 Burt, Tye Winston Direct Ownership Common Shares 10 - Disposition in the public market -15,000 $23.500
Oct 06/09 Sep 29/09 Burt, Tye Winston Direct Ownership Common Shares 10 - Disposition in the public market -10,000 $23.440
Oct 06/09 Sep 29/09 Burt, Tye Winston Direct Ownership Common Shares 10 - Disposition in the public market -10,000 $23.000

Wow tye...that's....ONE.....MILLION...DOLLARS!!!


part two: Andina Minerals (ADM.v)
did George Bee have the same sort of colleagues at South Crofty? I kinda doubt it. On November 3rd a $25m bought deal financing, too.....darned lucky timing, guys.


Andina Minerals Inc. (ADM)

As of November 4th, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Nov 04/09 Nov 03/09 Rosselot, Juan Eduardo Direct Ownership Common Shares 10 - Disposition in the public market -5,000 $2.000
Oct 28/09 Oct 23/09 Rosselot, Juan Eduardo Direct Ownership Common Shares 10 - Disposition in the public market -100 $2.000
Oct 28/09 Oct 22/09 Rosselot, Juan Eduardo Direct Ownership Common Shares 10 - Disposition in the public market -5,000 $2.000
Oct 22/09 Oct 21/09 Harvey, T. Sean Direct Ownership Common Shares 10 - Disposition in the public market -500 $2.060
Oct 22/09 Oct 21/09 Harvey, T. Sean Direct Ownership Common Shares 10 - Disposition in the public market -2,900 $2.050
Oct 22/09 Oct 21/09 Harvey, T. Sean Direct Ownership Common Shares 10 - Disposition in the public market -300 $2.020
Oct 22/09 Oct 21/09 Harvey, T. Sean Direct Ownership Common Shares 10 - Disposition in the public market -40,000 $2.000
Oct 22/09 Oct 21/09 Harvey, T. Sean Direct Ownership Common Shares 10 - Disposition in the public market -6,300 $1.960