You might be pleased but it is plain DUMB to sell stakes in...

You might be pleased but it is plain DUMB to sell stakes in resources at firesale prices.

While we all shake in our boots and sell stakes in our resources for a pitance the Chinese are far smarter.

Never underestimate the thinking of the Chinese. While the rest of the world has been licking its financial wounds China has been out acquiring inventories of the natural resources and rare earth metals that they need at fire sale prices today.

I reckon that TTY management are just plain DUMB, you never make money by doing this.
Have you had a look to see how many shares the current board holds in TTY? My 15 year old daughter has more.