That's not exactly the end of the world, those sales. They still have very significant holdings and large options positions.
Can you blame them taking some money off the table? The shares and options they have are often partial compensation in the junior oil/resource companies and people need to understand that.
These guys are using the company as a lifestyle thing. They are there to further their careers. This isn't a hobby for them like it is for a lot of other companies, where the admin cash outflow per quarter is excessive compared to the cashflow in.
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