Hi nose,
First I want to say a thank you to you guys from WA for alerting me to the problems of the CCC. As soon as I saw the stories I had to agree with you that is was seriously damaging to PMA. As a consequence I have been trying to sell down and have now sold down to a level I am comfortable with. I have made a very handsome profit, having bought a lot at 11c to 14c to average down. When I saw the 5.1 million that had gone through overnight at $1.55 I figured that it was London selling down, I might be wrong. However it did bring out the support that has finally allowed me to sell today what I wanted to sell.
I still hold a small parcel. My sentiment is now "sell."
However, this does not make me a supporter of AXO. Show me the money first.
Regards
PMA
precious metals australia limited