Goldcorp execs nab more options

Insider trading transactions recently reported by the Ontario Securities Commission in its OSC Bulletin include the following:

Band-Ore Resources (BAN-T) — Wayne O’Connor, director, exercised 50,000 options at 25 apiece plus another 200,000 at 47, and sold 600,000 shares obtained by gift at an unspecified price and another 42,400 shares directly at $1.07-1.50, to hold 1.39 million shares and 100,000 options; Thor Eaton, director, bought 78,000 shares at $1.09 to hold 60,000 shares; Robert Durham, director, sold 96,200 shares at $1.15-1.25 and exercised 200,000 options at $1.16 to hold 289,400 shares and an unspecified number of options; Robert Duess, director, sold 253,700 shares at $1.10-1.45 and exercised 340,000 options at 47 to hold 717,900 shares and an unspecified number of options; Roy Lacey, director, exercised 50,000 options at 25 to hold 1.48 million shares and an unspecified number of options; George Rayfield, director, bought 30,079 shares privately at an unspecified price to hold 1.38 million shares; and James Fairbairn, officer, sold 45,400 shares at 28 and exercised 15,000 options at 25, only to sell the resulting shares at $1.82, to hold no shares and 100,000 options.

Franc-Or Resources (FOR-T) — Dennis Peterson, director, bought 70,000 shares indirectly at 39 to hold (indirectly) 100,000 shares and 100,000 options.

Goldcorp (G-T) — Robert McEwen, director, was granted 500,000 options, which can be exchanged for shares at $6.50 apiece, and exercised 700,000 options at $5.06, to hold 2 million options and 795,600 Class A shares; David Beatty, director, was granted 18,000 options at $6.50 to hold 50,000 options; Gilles Filion, officer, was granted 80,000 options at $6.50 to hold 184,000 options; Raymond Humphrey, director, was granted 100,000 options at $8.50 to hold 175,000 options; James Hutch, director, was granted 18,000 options at $6.50 and bought 4,000 Class A shares at $7.25 to hold 30,000 options and 15,000 Class A shares; Brian Jones, director, was granted 18,000 options at $6.50 to hold 43,334 options; and Victoria Russell, director, was granted 25,000 options at $6.50 to hold 100,000 options.

Kazakstan Minerals (KMC.U-T) — Erwin Haas, director, sold 500,000 shares privately at 75 to hold no shares.

Kettle River Resources (KRR-T) — Ellen Clements, director, sold 111,500 shares at 35-54 to hold 393,870 shares.

SouthernEra Resources (SUF-T) — Steve Banning, former officer, bought 6,000 shares at US$1.16 and was granted 600,000 options having an unspecified strike price to hold 6,000 shares and 600,000 options; Eric Kinneberg, officer, was granted 200,000 options having a strike price of $2.18 to hold that many options; and John Pearson, former officer, bought 400 shares at $1.70 and was granted 100,000 options having a strike price of $21.8 to hold 400 shares and 100,000 options.

Meanwhile, transactions recently reported south of the border by the U.S. Securities and Exchange Commission include the following:

Freeport-McMoRan Copper & Gold (FCX-N) — Robert Bruce, director, purchased 25,000 Class A shares at US$9.50 to hold 1.89 million shares; Richard Adkerson, officer, purchased 5,000 Class A shares at US$11.38 to hold 107,183 shares.