RE: RE: chickened out By far the most likely reason for the sale is for the officer to raise money
to buy into the spinoff of Premier Royalty Division into the new company.
The July 16 period is when the merger of the Premier Royalty Division into a separate entity is specified and will certainly happen. Did you read the news release on this? If its not also posted on this board let me know and I will post it.
I suspect there are other officers who would like to buy into the new spinoff but fear being called 'chicken' as you just did. They can't always do so gracefully so often it means a sale of one to purchase another.
There are several vehicles to choose from to speculate on the future of the creation going on now of the newest and by far smallest-cap gold royalty corporation. Be aware, this is something special, to my knowledge the gold royalty companies can be counted on one hand [Franco-Nevada, Sandstorm . . . if there's more please posters add to the list.]