Insiders Loading Up On Shares Along with meaningful, widespread insider participation in the latest private placement (using cash out of their own pockets, likely a stretch given their reduced salaries for the past 18 months) GSP has now conducted an option grant for the first time in nearly 2 years. The overall dilution to the company is around 4%. I do not consider this excessive for a startup company who did not issue any options last year. It's around $900k in options per year when you divide it by two, likely spread over 9 people, so $100k in options per person per year. I am always a fan of aligning management interests with shareholder interests, and I feel options are a fine way to do that. If we put both pieces together (recent insider share purchases in the private placement, recent option grants) it plainly suggests to me that management may be trying to load up on shares ahead of some good news, as the Tugaske Project moves ahead this year. And if indeed management makes a boatload on these recent moves, I would be more than happy as a shareholder to reward them for that success after their many years of perseverance.