director buying, page-44

Yes- the Directors must have a crystal ball which tells them the gold price is not going to fall further.

Reality is it doesn't matter what the prospects of SLR are, if the gold price falls it will very quickly become cashflow negative and run out of cash.

Reality is the risks to the gold price are to the downside with institutional investors not having any reason to buy gold at the moment, with no signs of inflation and with gold not offering any yield. As long as the share market keeps rising as investors chase dividend yielding industrial stocks, the risks to gold are to the downside.

Don't let the directors buying gold fool you into believing they have some amazing insight you don't know about.

Thats my opinion anyway