CFC bought 56m shares @1.325 on 06/08/12,then sp pushed down to...

CFC bought 56m shares @1.325 on 06/08/12,
then sp pushed down to 88c (88 is luck number for Chinese)
on 6/09/2012,

then LAUNCH a takeover bid for $1.70 on 4/10/2010,

Now, CFC uses downgrade of resource and high initial C1 cost as "exit excuse" to influence sp down 45% in a month.
They will take over just want to buy less than @1.70.

The 13% lower grade and C1 cost of $1.86 (will lower from $4) are not really worrying them. They are eyeing for the HUGE resource already defined and potential increase.