Aurcana Silver Corp V.AUN.H

Insider Transactions

[JonEcash]

I'm reposting my reply to an individual on another board who had concerns about the $540K worth of insider dispositions this year. _________________________________________________________________ I wouldn't be too concerned about that $540K for the following reasons (All this information was found on SEDI): 1) $319K of your $540K in dispositions were by Brian Flower and Robert Fischer who just cashed out on their cheap in-the-money options. Each had 275,000 options at $0.10 and sold the shares at $0.58. I'm not sure when they were to expire, but if I were them I would use them. Especially since they were each just granted 550,000 options at $0.59. 2) Ron Netolitzky: His recent dispositions were related to the 125K options that he exercised at $0.15. Prior to that, he disposed of 300K shares, in 50K increments to me may have been intentional to an institution or other big investor. But he still holds about 1.2 million common shares! 3) Ron Nichols: His dispositions mainly relate to the fact that he took part in the April 2006 private placement at $0.25. The shares and warrants became free trading in August so he was able to finally cash out some profit. Which is why AUN's pps dropped a bit around that time. He still has 640K common shares! 4) The CEO Ken Booth has almost 800K common shares and he hasn't disposed of a single one since 2003. More importantly though, is he is sitting on 800K options (including 600K at $0.59 like Flower and Fischer's). 5) The silent insider Arthur Pollock is sitting on 741K common shares, and hasn't disposed of any since 2004. He's got some deep pockets, since through his personal holding company he has shares in lots of other companies like Wolfden Resources, and 600K shares in Aurelian..... Looking at the above, with production to start in a couple of months,and the price of silver and zinc climbing, and the pps currently at $0.60?!!! Hope this helps! J$