this is still the most undervaled gold stock , page-22

I spoke to him at a Sydney presentation. He was all over the shop. He said he would JORC 500koz, then 1m, then back to 500koz and he weaved regarding timeframes. I had the impression that he was ramping. Of course, those events are often about ramping.

Loobs,

You didn't answer my question about the "proven reserves". Instead you jumped to the fact that Chris is investing. Where are the "proven reserves"?

You could interpret a director's investment in many ways. It could be trying to push the sp up so that he can sell it off at a profit. I'm not saying Chris is doing that, just demonstrating how interpretations can vary. I've seen many directors buying, followed by sp drops - sometimes huge drops. You have seen that too, right? So his buying doesn't qualify as "proven reserves".

I actually suspect that this company will do well because of Chris's determined nature. But I think your post was ramping and giving readers the feeling that we should be rushing in to buy asap based on an unfounded claim of "proven reserves".

maso1,

Did you find Loob's claim "hard to believe" too? Why or why not?