"Further to my conversation with Elmer recently, when we were speaking about value and he couldn't, of course, give me his number he did cut the conversation off and say that he was privy to a lot more information than any one else in this project and he is buying. He couldn't tell me what it was going to sell for or how a deal would be structured or the results of the Feasibility but he could say he was buying."

Curious that he is "buying".

Not sure when you spoke to Elmer. According to Sedar, he has not purchased any shares since Oct. 4, 2011 when he picked up 20,000 on the open market.