Vatukoula Gold Mines plc notes that on 22 June 2012 David Karl Paxton, CEO acquired 50,000 at 27 pence per share. David Karl Paxton now holds 225,000 ordinary shares, 0.19% of the issued share capital
The transition into mining more ore body via footwall method should start to feed into VGM figures over the next quarter following the exogenous shock of the recent flooding which skewed VGM figures during the last quarter. The quarter preceding the flooding showed VGM making some great progress on the mining front
At 27 p VGM shares are clearly cheap!!!!
