base metals, page-10

Blue I will defer to someone else for the answer.

Too busy to check atm but I would have thought any metal price used would have been in USD??

Was expecting copper to bounce by now but then again I wasnt expecting a run on the hedge funds lol

But I have little doubt we will see metals move back to more reaslitic levels oer next few months.

From what I read port storage facilities in CHina are well stocked with most of what China needs - were no doubt making the most of the nrth american / olympic slow down to continue to stock pile and will take a while to chew thru that - then we should start to return to more normal levels

I have tried to run the numbers using many variables but to be honest - there are just too many variables to come up with anything concrete. Instead I look to those who I assume have greater insight than me.

Mark Taylor at Huntleys still holds his personal stock and Huntleys holds also.

Josh Pitt bought more - he would have to have a good idea as to what will pan out

Toll bought more - and put a cash loan up - willing to take payment in shares - now he would know better than anyone where this is going.

If the hunch is right and Cornel was indeed making the most of market sentiment and using some of the shares previously issued as payment to give the price an added push lower so this months payment would be in the largest number of shares possible one must presume he is of the opinion that production will be profitable and a re rating will ensue and he wants to be locked and loaded well before that happens.

While it was all speculation and to be honsest still is - I take some confidence in the thought that one of us - may have been me - cant recall - suggested Cornell may have been making his move now (last month) because MAYBE he knew he was about to start being paid cash instead of shares - to see the announcement the other day saying he is to be paid cash now is to me one peice of the jig saw puzzle falling into place. So if it was that he was making his move last month because it was his last chance to get a truck load that to me says he knows things are gunna be sweet