This is all positive.
The PP: More insider commitment. Very small amount. While other TSXV companies can't get any money and disappear, we have Ernesto.
Until Teck picks door number 1, 2, or 3, this is treated as ''business as usual''. Trust me we want those EA permits during the 120 day countdown.
Options: This tells me they expect a sale.
Who really cares if options expire, if insiders have money in their bank account they could just buy the same shares on the open market.
The fact that they extended the options tells me those insiders don't have money and don't want those shares to evaporate. they won't be required to put up any money as the options will get exercised during the buyout process.
As for the Teck notice...it's coming.
