Dor, I would guess that the so called support is just a euphimism for I got some at rock bottom prices.

Do not be alarmed that the SP is at this level right now, consider that the trading float is small and to get shares at low volumes at these prices are actually pretty rare, basically its what we call a stink bid getting filled and nothing more.

I would personally not call that support either, but if a director is buying, that means that they are committed and truly believe that they are going to make a few bucks (more in this case, or so we all hope).

I have stock in another company called Ithaca Energy, IAE. The CEO bought stock at what then was considered to be a decent price, which was a signal to the rest of us investors that there was something big coming down the pipe.

And something big did come down the pipe, good for us.

GZD must take steps to move the SP and they are doing so, it is the faith of the CEO that we are going to get there that is the message being sent to the shareholders.

I would have liked to see Mr Testo buying it at the .40 mark as that would have said to me that we are going to be moving above that level in the mid term.

This is a patience play as they are taking all the right steps and not just drilling willy nilly like I have seen in the recent past with some compnaies