BCB 11.8% 1.5¢ bowen coking coal limited

director buying

  1. 412 Posts.
    It is good to see Director Chris Robinson dipping into his own pocket to purchase some shares recently. Not massive amounts but still it is good to see. Yes, it's not uncommon for Directors to purchase shares on market, even if only to show confidence when the SP is sliding, but if I'm not mistaken Chris Robinson was the person who initially travelled to the potential tenements in Brazil back in late 2010 to give his tick of approval re potential resources, and that his positive opinion was the final tick before RIM went ahead with the deal to purchase the tenements.

    Therefore the guy that just purchased more shares has the most knowledge of anyone as to the tenements potential and unless he likes throwing away money, one can assume he is confident of potential upside.

    Just my thoughts...

    Marvdog

 
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