RE: RE: RE: RE: Why all this selling today?This could be why there is some selling today.
Risktaker77
San Gold director sells shares – Insiders
Aurizon Mines, CI Financial, InnVest REIT, San Gold are included in this report
Insider transactions filed on Jan 15, 2009
Source: SEDI
Aurizon Mines Ltd. mine manager Gilles Brousseau exercised options for 22,500 company common shares at $2.38 each on Jan 13, 2009. He sold all of these shares the same day at prices ranging from $3.78 to $3.94.
Joseph Canavan, chairman and CEO of United Financial, sold 54,000 common shares in CI Financial Corp. through The 1999 Canavan Family Trust at prices ranging from $15.90 to $16.50 on Jan 7 through Jan 13, 2009, bringing these holdings to 697,524 shares.
InnVest REIT shareholder George Armoyan sold 76,100 trust units through Geosam Investments Ltd. at $4.30 each on Jan 5, 2009, bringing these holdings to zero units. Click here for a similar transaction.
San Gold Corp. director Richard Boulay sold 61,500 company common shares at prices ranging from 1.20 to 1.35 on Jan. 5 through Jan 8, 2009, bringing these holdings to 746,763 shares. He also sold 25,000 common shares through Brava Management Inc. at $1.20 each on Jan. 6, 2009, bringing these holdings to 65,000 shares.
https://network.nationalpost.com/np/blogs/tradingdesk/archive/2009/01/16/san-gold-director-sells-shares-insiders.aspx