" but if things are as good as they appear to be, why didn't she?. And Cath would have a better understanding of it all than almost anyone else."
It's often just a simple as some people aren't into shares or higher risk and are happy with what they have, she is paid well after all.
Remember BC plonked down $600,000 and he knows what Cath knows, so it's not an issue of it not being as good as it appears to us, it's probably better...he just has the cash on hand and probably has a higher risk appetite...often known as greed...
IMO If your going to make a decision on increasing your holdings look at the facts as presented and signed off on and balance that with your risk tolerance ...this Companies future rides on whats found in these appraisal wells not not what the Management do with their entitlements...CN did mention that the large holders are taking up their entitlements so that will include Farjoy , now there's a man who likes what he is seeing and has a serious risk appetite problem....
The drill will be a few meters closer to the targets by now...
Cheers Whisky
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