Perilya is 75% owned by Institutions,my guess is that one of...

Perilya is 75% owned by Institutions,my guess is that one of their American Shareholders is selling,not only because of the Production downgrade but because of there own problems over there.Perilya Mgt assured me that there is nothing sinister going on and they are just as bewildered as i am.I do not have a crystal ball to see where the bottom is,but i do believe we are close,even though we lost 13 cents today the buying side seems to be getting a lot stronger. Taking into account the T/over of shares over the last week including a bit of panic selling u would think that the seller or sellers would run out of shares to sell pretty soon.For anyone interested I am getting a copy of research reports put out by J B Were and Macquarie Research which were put out after the Production downgrade,I will post these reports when they become avalible,it s/b late this week or early next week.