Golden Goliath Resources Ltd V.GNG

FYI....

[Bogapet]

Dated but.....

Directors...see below. Appears like almost all - all with some directors - shares owned by Directors are via options.
Which was my point. Employees - don't care..should have options. Directors should have a broker....:)

https://www.sec.gov/Archives/edgar/data/1127307/000121716011000039/ggform20fannualreport2010.htm

Table No. 7 Shareholdings of Directors and Senior Management Shareholdings of 5% Shareholders December 31, 2010
Title of Class	Name of Beneficial Owner	Amount and Nature of Beneficial Ownership	Percent of Class #
Common	Sprott Asset Management (1)	16,043,010	19.9%
Common	Agnico Eagle Mines Limited (2)	6,762,000	8.4%
	5% Shareholder Subtotal	22,805,010	28.3%
Common	J. Paul Sorbara (3)	2,619,600	3.2%
Common	Daniel Fernandez (4)	1,767,000	2.2%
Common	Edward Sorbara (5)	811,625	1.0%
Common	Richard Hughes (6)	750,000	0.9%
Common	Andrew Robertson (7)	651,000	0.8%
Common	Stephen Pearce (8)	794,000	1.0%
Common	Robin Hutchison (9)	450,000	0.5%
Common	Marc Legault (10)	450,000	0.5%
	Directors and Senior Management Subtotal	8,293,225	10.1%
	TOTAL	31,098,235	38.4%

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(1)

Sprott Asset Management is a financial institution.

Their address is: 200 Bay Street, Toronto, Ontario, Canada M5J 2J1

The contact person is: Eric Sprott.

Ofthe 16,043,010 shares, the Company believes that Sprott AssetManagement LP owns 11,073,078 shares of the Company while the SprottCanadian Equity Fund holds a total of 4,969,932 shares.

(2)

AgnicoEagle Mines Limited is a Canadian mining company publicly traded on theNYSE and TSX Exchange. Their address is: 145 King Street East,Toronto, Ontario, M5C 2Y7. The contact person is: David Smith; VP,Investor Relations.

(3)

1,500,000 represent currently exercisable stock options.

1,119,600common shares and 550,000 stock options are held indirectly throughSorbara Geological Consulting Limited, a private company control by Mr.Sorbara.

(4)

700,000 represent currently exercisable stock options.

(5)

450,000 represent currently exercisable stock options.

(6)

450,000 represent currently exercisable stock options.

(7)

450,000 represent currently exercisable stock options.

201,000common shares are registered in the name of A. MacG. Robertson &Associates Inc. and A. MacG. Holdings Inc., of which Andrew MacG.Robertson is the sole owner of all issued voting shares.

(8)

700,000 represent currently exercisable stock options.

(9)

450,000 represent currently exercisable stock options.

(10)

450,000 represent currently exercisable stock options.

#Based on 80,805,503 common shares outstanding at 12/31/2010, andwarrants and stock options held by each beneficial holder exercisablewithin sixty days.

6.A. Directors and Senior Management

Table No. 3 Directors and Senior Management December 31, 2010
Name	Positions	Age	Date First Elected or Appointed
Ing. Daniel N. Fernandez (2)	Director	69	June 1998
Richard W. Hughes	Director	77	June 1998
Robin Bruce Hutchison	Director	54	December 2000
Marc Legault	Director	50	January 2006
Stephen Pearce (1)(3)	Director/CFO/Secretary	40	December 2000
Andrew Robertson (1)	Director	66	December 1998
Edward K. Sorbara (1)	Director	66	June 1998
J. Paul Sorbara (2)	Director/President	57	February 1997
(1) Member of Audit Committee.
(2) He spends full time on the affairs of the Company.
(3) He spends about a fourth of his time on the affairs of the Company.

Daniel Nofrietta Fernandezwas graduated with a degree in engineering from the Universidad AutonomaDe Mexico in 1965. In 1969, he attended the University of Arizona,studying geology. He has been the President and a Director of MineraUruachic S.A. de C.V. since 1999. He has been Manager and a Directorof the Company’s wholly-owned subsidiary, Minera Delta S.A. de C.V.since 1992. As an independent director of the Company, Mr. Fernandezsupervises management and helps to ensure compliance with corporategovernance policies and standards.

Richard W. Hughes has beenthe President of Hastings Management Corp. since 1967; HastingsManagement is a private company owned by Mr. Hughes that assistsCanadian public companies with capital formation, management andinvestor relations. As an independent director, Mr. Hughes supervisesmanagement and helps to ensure compliance with corporate governancepolicies and standards. He currently is associated with the followingpublic companies:

Table No. 5
Stock Option Grants in Fiscal 2010 Ended 8/31/2010
Name	Number of Options Granted	Percent Of Total Options Granted	Exercise Price per Share	Grant Date	Expiration Date	Mkt. Value of Securities Underlying Options on Date of Grant
Daniel Fernandez	225,000	9%	.25	5/07/2010	5/07/2015	.24
Richard Hughes	175,000	6%	.25	5/07/2010	5/07/2015	.24
Robin Hutchison	175,000	6%	.25	5/07/2010	5/07/2015	.24
Marc Legault	50,000	2%	.25	5/07/2010	5/07/2015	.24
Stephen Pearce	225,000	9%	.25	5/07/2010	5/07/2015	.24
Andrew Robertson	125,000	5%	.25	5/07/2010	5/07/2015	.24
Edward Sorbara	125,000	5%	.25	5/07/2010	5/07/2015	.24
J. Paul Sorbara	500,000	18%	.25	5/07/2010	5/07/2015	.24
Management/Directors	1,600,000
Employees/Consultants	1,100,000	40%	.25	5/07/2010	5/07/2015	.24
TOTAL	2,700,000	100%

Table No. 6
Aggregated Stock Options Exercises in Fiscal 2010 Fiscal Yearend Unexercised Stock Options Fiscal Yearend Stock Option Values Senior Management/Directors
Name	Number of Shares Acquired on Exercise	Aggregate Value Realized (1)	Number of Unexercised Options at Fiscal Yearend Exercisable/ Unexercisable	Value of Unexercised In-the-Money Options at Fiscal Yearend (2) Exercisable/ Unexercisable
Ing. Daniel N. Fernandez	nil	$nil	700,000/nil	$5,250/$nil
Richard W. Hughes	nil	$nil	450,000/nil	$5,250/$nil
Robin Hutchison	nil	$nil	450,000/nil	$2,625/$nil
Marc Legault	nil	$nil	450,000/nil	$2,625/$nil
Stephen Pearce	nil	$nil	700,000/nil	$7,875/$nil
Andrew Robertson	nil	$nil	450,000/nil	$2,625/$nil
Edward K. Sorbara	nil	$nil	450,000/nil	$5,250/$nil
J. Paul Sorbara	nil	$nil	1,500,000/nil	$47,250/$nil
(1)