Hi all.
@worzel1
Directors buy and sell for different reasons of which I can not judge them for.
The director with the large holdings is AS.
If he were selling, I may be concerned but even he has so many that maybe he would like to free up some cash at some point and sell a few.
I won't begin to try and see their reasoning.
AS has not been a seller.
Given that and where this company is at with resource growth, close to production, operational plant, finances, etc
I am happy to be a part of it.
If I add to that, the movement in the gold price of late which most DID NOT expect to see so dramatically, I will remain a holder.
We have just been through 50 years, (2 generations) of investors where very few of them have been interested in the gold space.
Most young investors certainly are still, not interested.
Matter of fact, The whole market has very little interest in gold, Period.
They will change their minds as the price runs and they see the consequence of the world debt reflected in the gold price.
That has not happened yet.
If a director is selling, ask him for the reason.
Kind regards, Wack.
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