PSL 3.85% 2.7¢ paterson resources ltd

To be honest, directors/management taking stock in lieu of...

  1. 26,846 Posts.
    lightbulb Created with Sketch. 1309
    To be honest,

    directors/management taking stock in lieu of salary is a very good sign.

    The fact the targets are lowish means they get their stock and can run it higher and higher as the company gets more exposure and reveals more resource as it drills.

    dont begrudge others doing well out of their stock, thats the way successful companies operate on the asx casino.

    and if we hit the motherlode, then it goes absolutely ballistic.

    Not many do this, but we could relative to our position next to Newcrestin the Paterson Range and our low MC.
 
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