No6 Posted February 5, 2008 Report Share Posted February 5, 2008 Gets many a mention on FSN. LON:YAU 762.00 http://finance.google.com/finance?q=LON:YAU The Directors seem to have cashed in recently. If gold is going higher, why are they cashing in now? Do you take any notice of directors selling? I would rather see them buy. Digital Look Traded Action Notifier Price Amount Value 24-Jan-08 Sell Carl Renzoni 802.24p 12,000 £96,268.66 24-Jan-08 Sell Victor H Bradley 801.74p 250,000 £2,004,336.43 24-Jan-08 Exercise of option Victor H Bradley 486.59p 250,000 £1,216,468.32 24-Jan-08 Sell Dino Titaro 801.74p 125,000 £1,002,168.21 24-Jan-08 Exercise of option Dino Titaro 486.59p 125,000 £608,234.16 24-Jan-08 Sell Nigel Lees 801.74p 165,000 £1,322,862.04 24-Jan-08 Exercise of option Nigel Lees 486.59p 165,000 £802,869.09 24-Jan-08 Sell Patrick J Mars 801.74p 125,000 £1,002,168.21 24-Jan-08 Exercise of option Patrick J Mars 486.59p 125,000 £608,234.16 24-Jan-08 Sell Charles Main 801.74p 133,000 £1,066,306.98 24-Jan-08 Exercise of option Charles Main 486.59p 133,000 £647,161.14 24-Jan-08 Sell Antenor F Silva Jr 801.74p 275,000 £2,204,770.07 24-Jan-08 Exercise of option Antenor F Silva Jr 186.06p 275,000 £511,673.07 24-Jan-08 Sell Peter Marrone 801.74p 2,000,000 £16,034,691.43 24-Jan-08 Exercise of option Peter Marrone 486.59p 1,500,000 £7,298,809.90 And they did this before. 25.05.2006 Yamana Gold's management are not waiting to see whether the recent wobble in the gold price is a blip or the beginning of a more sustained decline. The Canadian-based, Brazilian-focused gold miner has seen most of its key directors cash in hefty share options. President and chief exective Peter Marrone is leading the way with the sale of 750,000 options for a gross total of $10.2m. The options were exercisable at $1.67 and sold at $13.55. Other big sellers include finance director Charles Main and another director, Stan Bharti. Yamana, which has 6 operating mines and one under construction, is aiming for 1m ounces per year of gold production by 2008. http://www.moneyweek.com/file/13054/yamana...rd-cash-in.html Top Director Sells Yamana Gold Inc (YAU) Director name: Mr Charles Main Amount sold: 227,000 @ 726.44p Value: £1,649,018 Yamana Gold Inc (YAU) Director name: Mr Peter Marrone Amount sold: 750,000 @ 726.44p Value: £5,448,300 Yamana Gold Inc (YAU) Director name: Mr Stan Bharti Amount sold: 500,000 @ 726.44p Value: £3,632,200 Yamana Gold Inc (YAU) Director name: Mr Antenor F Silva Jr. Amount sold: 300,000 @ 726.44p Value: £2,179,320 Yamana Gold Inc (YAU) Director name: Mr Bruce Humphrey Amount sold: 252,000 @ 726.44p Value: £1,830,629 Yamana Gold Inc (YAU) Director name: Mr Greg McKnight Amount sold: 250,000 @ 726.44p Value: £1,816,100 Yamana Gold Inc (YAU) Director name: Mr Patrick J Mars Amount sold: 200,000 @ 726.44p Value: £1,452,880 Yamana Gold Inc (YAU) Director name: Mr Juvenal Mesquita Amount sold: 150,000 @ 726.44p Value: £1,089,660 Yamana Gold Inc (YAU) Director name: Mr Nigel Lees Amount sold: 90,000 @ 726.44p Value: £653,796 Yamana Gold Inc (YAU) Director name: Mr Dino Titaro Amount sold: 90,000 @ 726.44p Value: £653,796 Link to comment Share on other sites More sharing options...
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