port approval, page-39

Cheers PA ,

Directors buy for the long term on most occasions and it would be foolhardy to think Cazaly are kaput . In the long run the current price will look like a bargain . The market is so short term oriented at the small cap end and smallish investors are always looking for the next big thing . Cazaly does not fit that category as it has too many short term impediments . Long term it is a takeover target or a very good buy I suppose . Picking the bottom here is very difficult , working out if there will be a bounce is the same . If nothing is heard by early Feb perhaps the market will start to anticipate something and the SP will go for a little run .

Good luck to you all .