RE:Kevin Lacey exercises options early
This doesn't make sense.
Typically when you exercise options (I've had them at work) you "buy" the share's at the strike price and dispose of them at the same time, thus you really didn't "buy" them out of pocket because you used the profit from the proceeds.
I think he has sold them for cash, otherwise, what benefit would it be to buy them now vs. in 2026 when you know you have a winner? (unless he's trying to keep his gains to a minium right now and kept the shares and moved them to a sheltered account like a TFSA in ancitipation of making alot of money).
Remember last year when the finance lady sold during drilling and our share price took a hit?