RE:New here, Old to Probe Gold2000, Welcome to the group. ALways welcome to another voice of reason! You also make a good case.
Management is probably the seller. Firstly they need cash to exercise their options. This money must be paid. The big boys like Jaimie and Dave can get a bridge loan from their banks others have to hussle a way to pay for it. This is how it goes: they pay 1.50 for their option sell at 2.00 and they have financed their options and they take a profit too.
The board and management has scored big! They weren’t going to forfeit their expiring options.
So we love the board and management so we help to pay for their options. Being nice to them by granting them the options they maybe nice to us by getting us a decent price. C$4 plus. Let’s see what they do for us