She had 300,000 options at.53 cents soon to expire.
She had to pay $ 159,000 to exercise and so immediately sold 100,000 shares at $1.28 to market for $ 128,000. So she still had to put in fresh personal cash of $ 31,000 to continue to hold those 200,000 shares. That is prudent confidence from someone whose salary is not exorbitant. The CEO and others have been been buyers around $ 1.20 and up. This is a $ 2.50 stock in Q4 wben the new feasibility study delineates the extent of the sulphide deposit and the resultant double of production to 250,000 oz per years with much increased mine life WITH cheap electrical perrin place of the diesel. Patience will reward a 100 % capital gain within 1 year