buy, page-12

Hi PM and Human909

Yes, the opportunity to take advantage of the arbitrage in MXX pricing tempted me to reduce my CUO and buy a reasonable number of additional MXX. It was a very good trade but the gap has closed a little now. But on the face of it, there is still an implicit discount of around 10cents in the MXX price based upon the last sale. Realistically I cannot see the merger failing to reach a conclusion albeit the progress is painfully slow.

What we need now is some sustained increases in the Cu price to really get some momentum in the price.

regards
DF