nigel or any administrator ordirectoror whatever can buy whatever amount of share he want (there is a cap ) but have to report it
thats why you already saw nigel buying shares in the public market and this is simply call insider buying .
now rod were you talking about that or you were meaning take the money directly from sage liquidity ? one way or the other if a public corp wish to do so nothing can stop them but shareholders vote once a year on a motion
don t forget this is an exploration corp and money available should be spend on aquisition of land and exploration operation.
anyway i don t think 200k would change anything
te stock will move when buyers will be back as simpe as that