PVE 2.94% 3.5¢ po valley energy limited

Imo, MM would not be buying if he thought Sillaro was not going...

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    Imo, MM would not be buying if he thought Sillaro was not going to produce as expected. Even though it is only a small amount relative to what he already owns/owned, it still is a lot of money. He wouldn't put that at risk. He knows the share price would tank even further if Sillaro goes the way of Castello. He can't sell out himself due to the size of his holding. But there would be no point in him buying either. What I'm saying is, he wouldn't be buying to try & influence the short term share price. Announcements re Sillaro will be the only catalyst for the share price to go back up imo, and I really do think his buying is a positive indication of the prospects for PVE (Sillaro) going forward. Time will tell tho.
 
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