Perhaps, Ginn and Hugh are unloading their recently exercised options via Paridgm @ $2.60.

As a shareholder, it would be nice if they held onto their shares. Berzins leading the way, buying a whopping 5k shs.

San Gold Corporation (SGR)	As of May 24th, 2011
Filing Date	Transaction Date	Insider Name	Ownership Type	Securities	Nature of transaction	# or value acquired or disposed of	Unit Price
May 24/11	May 19/11	Wynne, Hugh	Direct Ownership	Common Shares	51 - Exercise of options	300,000	$1.200
May 24/11	May 19/11	Wynne, Hugh	Direct Ownership	Options	51 - Exercise of options	-300,000	$1.200
May 20/11	May 19/11	Ginn, Dale	Direct Ownership	Common Shares	51 - Exercise of options	300,000	$1.200
May 20/11	May 19/11	Ginn, Dale	Direct Ownership	Options	51 - Exercise of options	-300,000
May 20/11	May 18/11	Ginn, Dale	Direct Ownership	Common Shares	10 - Disposition in the public market	-300,000	$2.600
May 19/11	May 19/11	Berzins, Ian Martin	Direct Ownership	Common Shares	10 - Acquisition in the public market	5,000	$2.560
May 12/11	May 09/11	Boulay, Richard Albert	Direct Ownership	Common Shares	51 - Exercise of options	300,000	$1.200
May 09/11	May 09/11	Boulay, Richard Albert	Direct Ownership	Options	51 - Exercise of options	-300,000	$2.740