As you can see from this attached link explaining how some insiders at a junior oil and gas co in cgy got fined for insider trading. I doubt our management has any news that they are withholding. The SEC is seriously cracking down on insider trading or leaks. Blackout or not, they can't buy or sell if they have any material information that is not public.
http://www.theglobeandmail.com/globe-investor/former-canext-ceo-penalized-over-insider-trading/article2205154/