Yes, he might have sold. But wouldn't officers of the company have to hold their shares for a certain length of time before they can sell? In addition, since Elmer stated in the BNN interview dated April 5, 2011 that Feasibility Study should be completed by June 2011, wouldn't he at that time be in blackout and thus cannot trade?
He may not be happy to sell at .65 cents. But a profit is a profit. Compared to most of us, if we sold at .65 some would drink water, some would struggle and panic, and me... I would sink and drown. A lot of us are in the red at .65 cents.
Still in to the end. All or nothing.