I also think the price has already been discussed and determined beforehand and is only known by the Executive directors ( non-ex directors are not priveledge to this so they can trade the stock and accumulate ).

This seems kind of unlikely (unfortunately). Under any standard articles of incorporation and bylaws, the management of a company could not agree to sell itself without the approval of the Board. The fact that members of the Board are still trading says, to me, that nothing material has happened beyond what the company has already publicly announced, i.e., they are talking to Teck and have not reached any agreement.

Regards,

Volpino