Thanks for that info Bolkin. I looked it up and Norm has close to 50 million shares which are worth about 7 million at current share prices. According to Cerro's website:
'Mr Seckold is currently Chairman and Director of each of Planet Gas Limited (director since March 2004), Cockatoo Coal Limited (director since January 2005) and Augur Resources Ltd (director since November 2009), all of which are listed on the ASX.'
I haven't done the research but I wonder if he has invested as much in any of those companies?
CJO Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held