The other way of looking at it is the CEO belies in this company. If the CEO is so interested in self-preservation as some people say, why would he be bothered purchasing additional shares, especially when shareholders are allegedly "helpless" in getting him dismissed?
You guys need to stop with all the conspiracy theories and believing that you're even part-way competent or informed to second-guess a man charged with doing something that's never been done, all the while being torn by sensitive negotiations and the politics of a third-world country and his statutory responsibility to keep shareholders abreast of material news. The things this man has achieved to date are astounding (PLE is a producer - write it across your foreheads) - not one arm-chair quarterback on this board could have done better (me included). Guy is in a position where he has to swing for the fence - but somehow he keeps getting extra strikes. One day he'll hit a homer. If you can't take watching this game, just sell and move on. Please know you will be sorry you did one day.
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