re: Ann: Ceasing to be a substantial holder f... Hey guys, this is a tough story at the moment. I got out of half my substantial position at $2.55. Took a loss with average buy price of $2.9 ish.. Hanging on to the rest.... Recent RIO comments are positive. Bought AGO having been to China a few times and observed the level of construction on the ground and having studied some of the expected migration numbers from rural to urban and the risk to government of social unrest if the beast slows down. I am convinced the long term story remains well and truly in tact but exited half position on Buffetts advice that the market can remain irrational longer than you can remain solvent! When a new up trend is established I will be back in. Must be vulnerable to vultures in a big way. You could probably sell the parts for more than the market cap and have the cash left over...
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