stopping production, page-12

Good perspective TraderSam ,thanks for the reply , so it's not a base metals producer at these levels , so it's an explorer or Iron Ore prospect developer .i don't think magnetite is much of a goer , it would have to be Hermatie to be attractive .i think that was a bit bizarre Terry exercizing shares at a buck when he could have bought them on market at 80 cents or whatever , what-the is going on here . Think your on the money with the perspective on the Chinese influence.Now that base metal prices have fallen , supporting low volume juniors may no longer be attractive & necessary .Pay back time mightn't be plesant.Options much less now with the share price retreat , capital & credit tightening & ability to source botique placements , non-existant in this climate .Perhaps the ropes are tightening somewhat.