re: why are the directors selling? Why would the directors risk...

re: why are the directors selling? Why would the directors risk a jail sentence far more severe than that served to Rene Rivkin? Any of the reasons suggested (legal, mine problems, takeover rumours) would be considered sensitive information and would immediately disqualify the director from acting on that knowledge.

Bob McNeil netted $96,000 on his conversion and immediate sale of his employee options. After tax, that's about $50,000. So he needs a new car, or wants to build a new kitchen......

Whatever his reason, we should have some faith that there are no secrets behind his move. I doubt that a person of his age and experience would risk everything after all the fuss made over Rivkin.