Agree Tibbs, most likely the low quality cts was an accumulation of material that they don't want at their 1st auction to protect/build their brand/reputation and they are still deciding what to do with these.....possibly via discussion with links established with buyers post this 1st auction. The "safe house" is most likely a strong room in a super secure warehouse used by multiple gem/bullion/currency dealers.....providers of this level of security have a reputation to protect and never want to have a theft event....using these types of "storage facilities" is still most likely cheaper than trying to insure potentially US$25-100m of gems? Pretty sure that gold miners in Aus would have similar arrangements and would not store 10's of millions of bullion on site prior to sale.
Topped up three times this morning
MUS Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
