RE: "Announced stock options granted" I am surprise no one has answered what I see is straightforward question. I have not read the email however apparently some individual or group of individuals now has an option( an official document) to purchase 266,200 shares at a price of $12.73 for 7 years (wow). This is a gift or reward for services rendered. This would have no impact on the share price currently but could be a major windfall for the individuals who have the ability to exercise the option. They will wait till this mine is either bought out or put into production which will likely boost the share price upwards dramatically. Since this is a very unique stock with a low number of shares there should be a substantial increase in valuation. The market cap currently is around 150 million and in my opinion this stock if bought out could have a market cap 3-4 times higher. For convenience sake lets say they waited to all the stars aligned perfectly for this stock which could be as early as a few months from now ( or it could be years but that is doubtful). At that magical time the stock is $42.73 per share. They then exercise the option to purchase the shares at $12.73 and make a cool $30 per share. Hope this helps!