Insider ActionAt least the executive team beleives the share price is good to purchase on the open market. I know the amounts are not large but I still believe a positive sign.
They also have the money to do something now:
"
Sanatana will sell the Watershed royalty to Ely Gold for consideration comprising $2.5-million in cash and one million Ely Gold warrants, which will have a five-year term and an exercise price of $1.31 per share. Ely Gold will have the right to accelerate expiry of the Ely Gold warrants if the 10-day volume-weighted average price of Ely Gold common shares exceeds $1.97 per share." Latest 10 SEDI filings for STA within the last 6 months 
Amended Filing
As of 11:59pm ET November 5th, 2020
Filing
Date | Transaction
Date | Insider Name | Ownership
Type | Securities | Nature of transaction | Volume or Value | Price |
| Oct 22/20 | Oct 22/20 | Smith, Ian Barrowman | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 20,000 | $0.278 |
| Oct 20/20 | Oct 14/20 | Miles, Peter Leighton | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 8,500 | $0.250 |
| Oct 20/20 | Oct 14/20 | Miles, Peter Leighton | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 6,500 | $0.240 |
| Oct 20/20 | Oct 14/20 | Miles, Peter Leighton | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 5,000 | $0.235 |
| Oct 16/20 | Oct 13/20 | Dutton, Anthony John Guy | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 5,000 | |
| Oct 15/20 | Oct 10/20 | Dutton, Anthony John Guy | Indirect Ownership | Common Shares | 10 - Acquisition in the public market | 13,500 | |
| Sep 25/20 | Sep 22/20 | Dutton, Anthony John Guy | Indirect Ownership | Common Shares | 00 - Opening Balance-Initial SEDI Report | 119,000 | |
| Sep 25/20 | Sep 22/20 | Dutton, Anthony John Guy | Direct Ownership | Warrants | 00 - Opening Balance-Initial SEDI Report | 42,500 | |
| Sep 25/20 | Sep 22/20 | Dutton, Anthony John Guy | Direct Ownership | Common Shares | 00 - Opening Balance-Initial SEDI Report | 95,200 | |
| Sep 4/20 | Sep 2/20 | Miles, Peter Leighton | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 5,000 | $0.250 |