He has 13.8% according to this notice so a little way to go to...

He has 13.8% according to this notice so a little way to go to get to 19.9%.

No doubt that he likes MXR and more importantly the future prospects of the company in the current gold climate, the strategy of getting into production ASAP and the exploration and growth potential that the company offers in a strategic location from an infrastructure perspective. That is of course my summation, not his, but I assume that you don't just buy 13.8% of a company without doing your homework and obviously see the above comments in a positive light.

The free float is really getting taken up now by the likes of Colin and probably some other large buyers that see the upside here. Personally I feel that the company has not been able to get any momentum in the SP due to people always looking to sell on any news. If this kind of buying continues I feel that the SP can really gain some momentum if we have the right catalysts to drive it. For instance, significant exploration results, a production agreement, gold price flying or some other positive development. There will always be sellers but I feel that we are getting out of the doldrums now and if management can get the job done on getting into production then I am confident that MXR can transition into a very good investment for shareholders. GLTA