remember glencore bought up to 6 bucks

Dear All

What is quite bizarre in this panic is that everybody seems to have fogotten that Glencore was buying barely a month ago up to $6.

Surely the boys at Glencore know what they are doing which strongly suggests that once again the market has over-reacted to essentially what is in Buffet talk a "one-off" event.

I think it is very safe buying at these levels particularly given that Glencore will take this company out at some time in the foreseeable future.

Regards EOS