It's always great when directors puts their money (and a large...

It's always great when directors puts their money (and a large chunk of that) in the game.

This gives me the confidence that they will do what is best for the company and its share price in the long haul.

I only have 150k myself. Dividends, buybacks and even the possibility of a takeover gives rrl plenty of upside. if they use their hedge at 1437/oz, assuming margin at $400/oz and 300k production, that's $120m. Less capex ($20m), dividend at 10 cents ($45m), and buyback at avg price $1.4 ($35m) they still would have $20m left over. Not to mention they have about $70m of cash at hand.

Gold is up last night, we should see $1.35 Monday imo.