disgraceful, page-29

If a large holder was getting out surely an announcement of change in substantial holding and you see large volume going through. Could also be argued that panic selling by retail holders so the bottom area is coming up but the major issues are not fixed at all.

I will have to assume a large percentage of tax bill will have to be paid, MCC 80M will drag on and valuation of Marampa is usually based on positive sentiment of this commodity with a stable outlook of China. If the 3 big boys are revisiting their cost curve then that ought to indicate 500M is not a realistic valuation or if Sage can even find a buyer at all.

I am glad I was not sucked in by Sagey continual business acumen hype having sold out a few years ago and was tempted ever since to come on board and had to rely on gut feel to pass this over.