It shows again that we can easily come to conclusions at face value but once we dig deeper the story changes quickly.
Directors buying big up in their own company should be seen as a positive, but as I have been saying in a previous post this is NOT always the case.
Sometimes the directors themselves get sucked into their own success story (that still have to eventuate) like we shareholders are doing.
There are, and always will be, still a lot of uncertanties with a company like bow.
We are still in the early stages of building a company, with no earnings and hoping that the next drilling results will keep coming up with the results we need to keep the momentum going.
The coalseam gas story is only as good as the demand that is going to be there for in the future.
But do not get me wrong, I am caught up in the positive future of Bow, just like you guys and if those shares are still going cheaper I will become an active buyer.
jojo
BOW Price at posting:
$1.06 Sentiment: LT Buy Disclosure: Held
