Nouvellement arrivé chez Overlord, Claude Blanchet prend une petite participation (voir ci-joint le rapport extrait de SEDI).

Take care.

Gilbert Leblanc

http://moneycentral.msn.com/content/P125119.asp

Regards,

G.L.

Some accumulation on this junior so far in 2005.

http://www.contactdiamond.com/

Regards,

G.L.

This HMB. They have a portfolio wet dreams !

Regards,

G.L.

Do you know that by clicking on the white small sheet that is a the left of an article title that you can have access at keywords. Those words can give you links to other related posts. One of the keyword is the stock symbol.

Have a great day !

Gilbert Leblanc

An other favourite of mine is AirIQ Inc.

There was an other trade reported by Colin Zvaniga. On August 17, he bought 17,000 IQ shares at a price of $0.40 per share.

Like BYT, IQ is in the Insider Edge High Tech Portfolio.

Regards,

G.L.

Newmont is still active on Gabriel Resources.

On March 31, Newmont bought  via a prospectus, 2,500,000 of Gabriel Resources at $1.65. It was followed by some trades on the open market:

2005-05-25 681,800 at $1.40
2005-05-30 21,200 at $ 1.40
2005-05-31 218,700 at $1.40
2005-06-28 27,200 at $1.40

Regards,

G.L.

http://www.newswire.ca/en/releases/archive/August2005/30/c4549.html

Regards,

G.L.

It seems that some insiders are more lucky than others or may be it just because they had anticipated the positive press release of today. (Like you can see one of my regular English mistake is to confound "then" and "than".)

http://www.newswire.ca/en/releases/archive/August2005/30/c4063.html

Regards,

G.L.

p.s. Don't forget that the only way that I finance this blog is by Google ads.

A favourite of mine is  Hillsborough Resources Limited.

David Fawcett seems to agree and on August 17, he bought 11,500 shares at $1.28.

This is a blog dedicated to the coal industry:

http://www.coal.ca/blog/?p=147

Regards,

G.L.

Après Marcel Côté, il y  a quelque mois, un autre initié augmente sa participation dans Nurun et d'une belle manière.

Ainsi, Luc Filiatreault a acquis le 12 août dernier, 100,000 actions de IFN à un prix de 2,75 $ et le 18, il rajoutait un autre bloc de 100 000 actions à 2,75 $ également. M. Filiatreault a maintenant 965 896 actions dans Nurun.

Salutations,

G.L.

An initial declaration on Boralex done by Michelle Samson-Doel who last Augsut 10 bought 5,000 shares at $8.10.

On the same day, Pierre Seccareccia increased its stake with the acquisition of 5,000 shares at $8.05.

The day before, Boralex has released excellent second quarter results.

On a other front, Boralex has some opposition for a new plant. Que voulez-vous, on ne fait pas d'omelette sans casser des oeufs.

Take care.

G.L.

BioMS Medical is still buying back its shares and like Clifford Duncan Giese who bought last August 15, 10,000 shares of
this biotech at $2.55. He has now 1,668,691 shares.

Regards,

G.L.

Some trades again on this battered high tech stock.

First, an initial declaration of Borden Rosiak who last August 25 bought 20,000 shares at $1.10.

Then, some trades by Colin Soutar, a new insider too:

2005-08-15 + 5,000 at $1.14
2005-08-15 +  3,700 at $1.13
2005-08-15 +1,300 at $1.12

Regards,

G.L.

Still some accumulation by Cameron MacGillivray on Endev Energy:

2005-08-17 + 3,000 at $1.78
2005-08-22 + 2,000 at $1.82
2005-08-23  + 2,500 at $1.75

Take care.

G.L.

Still trading at a deep discount from its most recent value per share.

Regards

G.L.

http://www.etaiwannews.com/Taiwan/Business/2005/08/29/1125279507.htm

http://www.mercurynews.com/mld/mercurynews/12504179.htm

http://www.post-gazette.com/pg/05241/562000.stm

Regards,

G.L.

A real winner this Canadian Hydro Developers and a citizen responsable Corporation.

http://www.pinchercreekecho.com/story.php?id=180945

Ciao,

G.L.

http://www.newswire.ca/en/releases/archive/August2005/29/c3654.html

From an insiders view perpesctive, a real winner.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ca:nql

Regards,

G.L.

Still an accumulation on Adherex from Peter Williams:

2005-08-12 + 6,000 at $US1.67
2005-08-19 + 1,000 at $US1.40
2005-08-22 + 5,000 at $US1.38

Regards,

G.L.

http://news.google.ca/news?hl=fr&hs=ajs&lr=&client=firefox-a&rls=org.mozilla%3Afr%3Aofficial&tab=wn&ie=ISO-8859-1&ncl=http://radio-canada.ca/nouvelles/Economie/nouvelles/200508/28/002-norbourg-dimanche.shtml

Une semaine partie et vlan un autre petit scandale dans le domaine des fonds mutuels, celui-ci typiquement québécois. Cela me réitère plus dans ma position que le petit investisseur a tout intérêt à investir dans des fonds indiciels. Un indice ne pourra jamais à lui seul vous frauder.

N'oubliez pas que la presse financière n'a pas intérêt à promouvoir les fonds indiciels car les fonds mutuels sont une source de revenus publicitaires particulièrement pendant la période des REERS. O.K., on n'a pas bien Girard qui a fait un papier récemment mais remarquer le timing, en pleine période estivale. Je me demande, si La Presse aurait permis un tel papier en janvier-février alors que les investisseurs sont inondés de publicité des fonds mutuels.

N'oubliez pas que la maxime des fonds mutuels est « On veut votre bien et on l'aura ! ».

De plus, je me demande quand un ou des journalistes financiers québécois vont finir par se réveiller sur la nécessité d'une commission des valeurs mobilières canadienne et de la non pertinence d'une agence spécifiquement québécoise pour encadrer le domaine des valeurs mobilières. En fait, la spécifité québécoise n'existerait-elle pas principalement pour protéger les petits copains ?

En conclusion, it's all about money.

p.s. Oui, oui, je sais, qu'il y a plusieurs gestionnaires de fonds qui sont intègres mais que voulez-vous depuis 2 ans, on n'arrête pas de découvrir des magouilles: timing sur les transactions, transactions effectuées avec des soft dollars, professionnels de la santé payés pour communiquer les résultats des essais cliniques sur des médicaments avant les résultats officiels, etc.

Mes salutations,

Gilbert Leblanc

http://www.forbes.com/business/services/2005/08/19/reebok-schwab-insider-cz_wb_0819insider.html

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050819005447&newsLang=en

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050819005433&newsLang=en

http://www.businessweek.com/ap/financialnews/D8C4S57G0.htm?campaign_id=apn_home_down&chan=db

http://www.orlandosentinel.com/business/orl-trading2205aug22,0,2244283.story?coll=orl-business-headlines

http://www.thestreet.com/_googlen/comment/jonathanmoreland/10239333.html?cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA

http://www.theglobeandmail.com/servlet/story/RTGAM.20050824.wlabopharmm0824/BNStory/Business/

http://www.startribune.com/stories/535/5579931.html

http://www.chicagotribune.com/business/investing/personalfinance/chi-0508280207aug28,1,2344319.column?coll=chi-businessyourmoney-hed&ctrack=1&cset=true

http://www.financialexpress.com/fe_full_story.php?content_id=100680

Regards,

Gilbert Leblanc

http://www.schaeffersresearch.com/commentary/bernie_observations.aspx?click=home&cat=soc&page=bernie_observations&ID=13918

Regards,

G.L.

Allways great articles at:

http://www.mckinseyquarterly.com/article_abstract.aspx?ar=1630&L2=5&L3=2&srid=17&gp=0

Regards,

G.L.

p.s. I will be off tonight for the next 10 days.

This one that is on my  radar screen for some time now.

Last August 08, Paul Moynihan bought 25,000 shares of Midnight Oil Exploration Ltd. at $4.00 per share  increasing his stake at 215,508 shares.

Salutations,

G.L.

J.R. McLernon bought 65,000 shares of  Syscan International Inc. at $0.40 last July 13.

Regards,

G.L.

http://www.fool.com/News/mft/2005/mft05081519.htm

For this part of North America, we had a good example today with EMS.

http://www.stockwatch.com/swnet/newsit/newsit_newsit.aspx?bid=B-474026-C:EMS&symbol=EMS&news_region=C

Regards,

G.L.

Un initié a profité de la faiblesse du titre pour augmenter sa participation. Bioscrypt is in The Insider Edge High Tech Portfolio but right now we have a negative return on this one. So, Robert Williams bought last August 10, 10,000 shares at $1.14.

Salutations,

G.L.

http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2005/08/14/BUG5NE7E871.DTL

Ciao,

G.L.

An other important trade by an insider on Corriente.

Last August 03, Anthony Holler bought 91,100 shares at $2.50.

Recent news:

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050808005939&newsLang=en

Ciao,

G.L.

Mentioned last Fall, Indigo Books shares have delivered in 2005.

Heather Reisman added to his position even if IDG stock price is at a high.

So, on August 03, she bought 800 shares at $8.24 et 5,200 one at $8.25.

Take care.

G.L.

Brascan through Brascade has increased its stake in Fraser Papers in the past few weeks:

2005-07-28 + 25,000 at $10.25
2005-08-02  + 25,000 at $9.70
2005-08-03 + 50,000 at $9.50
2005-08-03 + 150, 000 at $9.30

Regards,

Gilbert

Did this insider see his lucky star ? Toujours est-il that on August 04, Graham Scott bought 50,000 shares of Constellation Copper Corporation at $1.18 per share, just before the release of a research report.

If you want to understand why natural resources price are so high, look at the red tape !

http://www.mineweb.net/sections/whats_new/468629.htm

Some other news:

http://www.resourceinvestor.com/pebble.asp?relid=11408
http://www.sltrib.com/business/ci_2909162
http://denverpost.com/business/ci_2908762

Have a great week.

Gilbert Leblanc

p.s. I will be off for 2 weeks starting August 18.

Some trades on 2 stocks that are in The Insider Power Edge Portfolio.

Edward James Kernaghan bought 12,135 shares of Boralex at an average cost of $7.89 last August 05.

Harold Roozen bought 10,000 shares of Canadian Hydro Developers last August 02 at $4.00.

Regards,

G.L.

Hans Black is still active on Nymox. So, last July 18, he bought 1,500 shares at $US1.70.

Regards,

G.L.

Our good friend Bruce Mitchell decided to decrease his Tiverton stake just before the release of the second quarter results.

So, last August 05, he sold 321,000 shares at $0.2750.

He still has 13,016,500 TIV shares.

Regards,

G.L.

Again some trades on Nuvo Network Management Inc.

Last August 04, Phil Weaver bought 20,000 shares at an average cost of $0.55

Take care,

G.L.

My timing was not good (that a question of point of view) but toujours est-il that an insider sold some shares and 2 others bought some in recent weeks:

Dennis Gorc:  2005-07-18 (5,000) at $0.90
Dennis Gorc:  2005-07-26 (5,000) at $0.90

Frank Hallam: 2005-08-05 + 4,900 at $1.08
R. Michael Jones: 2005-08-04 +  2,000 at $1.08

Regards,

G.L.

I downloaded the report of insider trades on Platinum.

You will understand why PTM was so often mentioned in this bog and my old one.

Regards,

G.L.

Sujet: Re: From a French Canadian Reader

De: Burton G Malkiel

Date: Mon, 14 Mar 2005 18:58:13 +0100

Pour: Gilbert Leblanc <bourse2@videotron.ca>

----- Original Message -----

Mr. Malkiel,

I read your book A random walk down on Wall Street (In fact, it was the second time that I read this book, the first time was more than 16 years ago.)

I retain more this time than the first one, may be because in the meantime, I tried different methods to pick up stocks.

I was a little bit surprised to learn that you don't believe anymore that insiders can have an edge over other investors.

From my experience here in Canada, insiders seem to have an edge but is quite possible that the American markets are more efficient about this aspect than the Canadian one.

You are writing that some people argue that because from time to time there is such severe correction on a stock or the market at a whole, that the theory of the markets efficiency is not full proof. My point is when a stock collapse, some investors who shorted it, gain. From an academic point of view, does anyone have tried to measure the efficiency of the markets, not only by looking at the value given by the prices ascribed by the direct participants of the exchanges but equally by the value that can be gain or lost outside the markets (shorting transactions, options and calls, futures and son on). Because hedge funds are gaining such momentum, I believe that this is a good interrogation.

Thank for your attention.

Regards,

Gilbert Leblanc

Editor

http://www.theinsideredge.com/blog

p.s. Sorry for my English skills.

----------------------------------------

Malkiel answer (a real short one but direct to the point)

Insiders can make money by trading on inside information but that is illegal. I am very sketical about hedge funds. I believe that most of them underperform.

Doctor doctor, please
Oh, the mess I’m in
Doctor doctor, please,
Oh the mess I’m in
The Senator walked up to me
And really wants the money back
And then he started
To take my portfolio apart

http://www.boston.com/business/globe/articles/2005/08/09/senator_urges_drug_stock_trading_inquiry/

http://msnbc.msn.com/id/8875170/

http://www.sltrib.com/nationworld/ci_2921247

Regards,

G.L.

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050804005177&newsLang=en

Regards,

G.L.

I was discovered by an other web site, this time from  The Netherlands.

http://www.metaeureka.com/weblogs.shtml

Leave me alone because I will have to do an other year with this blog.

Regards, Salutations

La Presse, a French Canadian newspaper, publishes each week some Canadian Insider trades but with a strong (bad) bias toward Québec stocks. This is why they missed so many gainers in the oil and gas sector.

Regards,

Gilbert Leblanc

http://www.theage.com.au/news/editorial/share-moves-must-not-be-ignored/2005/08/08/1123353258337.html?oneclick=true

An old feature but we still some relevant informations.

http://www.moneysense.ca/investing/stocks_markets/article.jsp?content=20031105_115323_3824

Regards,

G.L.

How, I'm a the feed of the day !

http://blogs.feedster.com/

Not bad from a French Canadian of Cap-Rouge, Québec, Canada.

Un gros merci à tous mes supporteurs.

For the records, a screen shot.

Oh no, don't tell me that Connacher Oil & Gas is in Humboldt Capital's portfolio.

As of March 31, 2005, it was a participation of 964,000 (that HMB acquired at an average cost of $0.50 per share).

HMB has decreased its Connacher Oil & Gas stake in recent weeks but Mr. Teare told me today that the Corporation still has around 250,000 shares.

Keep the good work, Mr. Teare and Lamond.

Regards,

G.L.

BioMS Medical Corp. is still buying back its shares:

2005-07-21 1,500 at $2.46
2005-07-22 10,000 at $2.39
2005-07-22 1,000 at $2.37
2005-07-25 4,000 at $2.37
2005-07-25 1,800 at $2.36
2005-07-26 500 at $2.36
2005-07-28 2,700 at $2.36

Regards,

G.L.

An initial declaration from Fares Boulos on Xantrex who bought 5,000 shares at $6.25 last August 3.

Regards,

G.L.

A small cap stock in the high tech sector that is on my radar screen since some months now.

Peter Sommerer bought for Dawn E. Sommerer 20,000 shares of Nuvo Network Management Inc.at $0.5870 last August 4.

Some links about Nuvo Network Management Inc.

http://www.ccnmatthews.com/news/releases/show.jsp?action=showRelease&actionFor=549898

http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20050727005896&newsLang=en

Have a great week.

G.L.

http://www.smh.com.au/news/business/trading-by-insiders-legal-or-not-is-pervasive/2005/08/05/1123125905490.html?oneclick=true

http://www.theage.com.au/news/business/insiders-profit-in-murky-business/2005/08/05/1123125904929.html?oneclick=true

My readers are becoming expert about Australian insider tradings !

Regards,

Gilbert Leblanc

Forget to indicate this accumulation on Genco some weeks ago.

http://www.sedar.com/csfsprod/data58/filings/00808315/00000001/C%3A%5CData%5CGenco%5CEWRs%2C_IRs_%26_PIFs%5CEWRs_%26_NRs%5CSEDAR%5CAnderson_EWR_2005-07-21.pdf

Regards,

G.L.

About naked shorts.

http://www.sec.gov/spotlight/keyregshoissues.htm

Bonne lecture !

G.L.

How to buy oil and gas stocks at a discount.

http://www.ccnmatthews.com/news/releases.Controller?action=check4Cookies&actionFor=550733

The beauty is that they are not only confined to the oil and gas sector.

Extract from the President's message in HMB most recent annual report:

Outlook

Humboldt continues to believe that the North American economy is in a recovery and that oil and gas prices and base metal prices will continue to increase in value. Significant demand from China, although it has shown some recent weakness, is leading this trend and putting increasing pressure on all commodity supplies.

Some concern about the growth in equity prices, however, is related to the continuing United States twin deficits, trade and budget, and the weakening of the U.S. dollar. These facts have resulted in increasing U.S. short term interest rates and if this trend continues or accelerates, stock prices will be negatively impacted.

As a result of the forgoing, Humboldt plans to steadily increase its liquidity during the year and to especially focus on removing debt levered companies from its portfolio.

Finally, despite these concerns, the Company remains very optimistic about the outlook for 2005 as Humboldt's portfolio has been carefully selected for significant growth at reasonable prices.

On behalf of the Board,

"signed"

R.W. Lamond
Chairman of the Board
May 24, 2005

I love you folks !

Gilbert Leblanc

http://www.washingtonpost.com/wp-dyn/articles/A42235-2005Mar16.html?nav=rss_technology/markets

Ciao,

G.L.