Western Copper and Gold Corp T.WRN

What? Can anyone explain????

[EvenSteven27]

Filing   DateTransaction   Date    Insider Name    Ownership  Type Securities
Nature of transaction    Volume or Value   Price   Jan 27/23Jan 27/23
Engquist, KennethDirect OwnershipCommon Shares10 - Disposition in the public market-25,641 Jan 27/23Jan 27/23
Engquist, KennethDirect OwnershipCommon Shares10 - Acquisition in the public market25,641 Jan 27/23Jan 27/23
Engquist, KennethDirect OwnershipRights57 - Exercise of rights-25,641 Jan 25/23Jan 25/23
Zeitler, Klaus M.Direct OwnershipCommon Shares51 - Exercise of options150,000$1.20
Jan 27/23Jan 24/23
Zeitler, Klaus M.Direct OwnershipCommon Shares10 - Disposition in the public market-126,800$2.49
Jan 25/23Jan 20/23
Zeitler, Klaus M.Direct OwnershipOptions51 - Exercise of options-150,000$1.20
Jan 20/23Jan 20/23
Spivak, ElenaDirect OwnershipCommon Shares57 - Exercise of rights3,233 Jan 20/23Jan 20/23
Spivak, ElenaDirect OwnershipRights57 - Exercise of rights-3,233 Jan 20/23Jan 16/23Spivak, ElenaDirect OwnershipCommon Shares10 - Disposition in the public market-3,233$2.55
Jan 11/23Jan 11/23
Brown, MurrayDirect OwnershipCommon Shares51 - Exercise of options187,500$1.20

[Oakie1]

Even Steven, It appears to me that Engquist, Zeitler, Spivak, and Brown were awarded options and in some cases direct stock shares in days past, and they are all exercising those options or selling the shares now. When an option is exercised, it is then converted to shares of the stock, and then the stock can be sold on the open market. Usually, the awardee of the shares has a set strike date each

[EvenSteven27]

Thanks, Oakie. Very useful information. 

[Sooner]

Buyout within 3-10 days...not likely...and unless the options expired within the next few days that would be stupid of them to exercise before the announcement...they would be leaving a lot in the table in the difference between option price and market price. Everyone of these option holders at this point should be holding and avoid exercising until the very last minute...if they believe a deal

[Pinegrove1]

I can understand exercising options and getting stock. I don't understand why they would then sell at $2.49 just before an announcement that would have the price jump. Can't see this as good. 

[Pinegrove1]

If insiders need to sell company awarded shares owned through options then we should see all the other insiders like Paul selling a massive number of shares. Thoughts?

[jclarke042]

My thoughts are we overthink the options every time. 

[GardenManman]

Yeah , it is common actions:did nothing but diluted shareholders and collected options(shares),  they did mot feel hurting because they keep their share of company unchanged during dilution, that's why I don't  give a sheet about the " be patience", you(long term holders) are generous to these corruption. THEY ARE NOT DERSERVED TO THESE OPTIONS BASED ON THEIR

[Sooner]

do you know when the options expire?

[Marine2]

Sooner Please, lets go with, Buyout within 3-10 days...likely. I don't think Paul is vacationing,, he is setting up the poker table ready for next steps,, for Casino sale that is ! Timing could not been better, the stares have aligned ! M2