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Just caught something interesting - a top exec at Perpetua sold like $1.2M worth of shares back in mid-February, right before their Q4 earnings drop in March. She dumped about 43k shares, which was apparently her biggest single sale ever. The thing is, it wasn't some panic dump - looks like it was just to cover tax stuff after RSUs vested, so not necessarily bearish.
What's got me thinking though is the timing. Perpetua's been absolutely ripping - up 332% over the past year and already gained like 50% in the first couple months of 2026. The company's hunting for gold, silver, and antimony in Idaho, which suddenly matters way more now that the Pentagon threw $4.5B at the critical minerals game last year. Supply chain security is apparently a big deal now.
So yeah, an insider sale would normally be a red flag, but in this case it reads more like someone taking some chips off the table after a massive run while the story's still playing out. Perpetua's got that earnings call coming up and the market's already pricing in some serious expectations. Curious to see if this thing keeps running or if we get some profit-taking. You guys watching this one?