On June 29th a press release came out from St. Elias (Lori McClenahan) about granting incentive stock options to the higher ups in the company "to purchase an aggregate 3,000,000 shares in the capital of the Company at an exercise price of $2.01 per share for a period of two years."

I am green as a gourd on stock trading and all that goes with it but tell me if I was/am reading too much into that PR. I took it to mean that nothing meaningful would happen with the Tesoro property as far as a buy out is concerned according to company thinking for the next 2 years. The option was given I was thinking for that length of time with the idea in mind on the part of the company that it would give these favored investors time to load up. My question is am I reading too much into the two year time frame?

Finally, I also thought, perhaps wrong again, that it might also be a pretty good indication, the company doing this, that they know they have something very good down in Peru. It was an encouragement to me to purchase some more stock.

If I am thinking wrong just say so. I am on this message board to learn and solicit your thoughts.