IKN

Take physic, pomp

Dale Ginn, CEO of San Gold (SGR.v) and the latest big winner on “Who Wants To Be a Millionaire” (without telling the shareholders)

Big congrats to Dale Ginn, CEO of San Gold (SGR.v) who last week managed to cash in 700,000 options priced at 15c and then sell 500k of them at $2.65, thus netting himself $1.25m on the deal (and he still has 200,000 shares to play with).

Unfortunately, Dale forgot to use his “phone a friend” and so nobody else has gotten around to hearing about Dale’s big win yet. But fear not, that’s what IKN is around for! So don’t worry about courting publicity for that instant millionaire feeling you’ve been carrying around all weekend, Dale…we got it covered for you. I mean, as SGR.v already has 237m shares O/S it would have been easy to miss half a million in the rush if you don’t proclaim it to the world, right? And I’m sure you want everybody to know.

Same goes for the Boulay guy at San Gold who’s out there selling his shares….and Courtney Shearer, too. In fact, it’s a bit strange how management are bailing on the stock right now in wholesale style, isn’t it? You don’t suppose……….? NAAAAH, SURELY NOT!


San Gold Corporation (SGR)

As of August 9th, 2009
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
Aug 08/09 Aug 07/09 Boulay, Richard Albert Direct Ownership Common Shares 10 – Disposition in the public market -11,600 $2.910
Aug 08/09 Aug 07/09 Boulay, Richard Albert Direct Ownership Common Shares 10 – Disposition in the public market -28,000 $2.860
Aug 08/09 Aug 07/09 Boulay, Richard Albert Direct Ownership Common Shares 10 – Disposition in the public market -15,000 $2.880
Aug 07/09 Jul 30/09 Ginn, Dale Direct Ownership Common Shares 10 – Disposition in the public market -500,000 $2.650
Aug 07/09 Jul 27/09 Ginn, Dale Direct Ownership Common Shares 10 – Disposition in the public market -20,000 $2.440
Jul 28/09 Jul 23/09 Berzins, Ian Martin Direct Ownership Common Shares 10 – Disposition in the public market -10,000 $2.350
Jul 24/09 Jul 16/09 Shearer, Courtney Adair Control or Direction Common Shares 10 – Disposition in the public market -5,000 $2.310
Jul 24/09 Jul 16/09 Shearer, Courtney Adair Control or Direction Common Shares 10 – Disposition in the public market -58,000 $2.300
Jul 09/09 Jul 03/09 Wynne, Hugh Direct Ownership Common Shares 51 – Exercise of options 500,000 $0.150
Jul 09/09 Jul 03/09 Wynne, Hugh Direct Ownership Options 51 – Exercise of options -500,000 $0.150

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