What stinks is management rushed the grading and underestimate the buyers necessity for detail in this area. In addition they need to increased quantities in each grade!
Is it true that other parcels were bid on but didn't meet the reserve or not?
If it is true! The the inventory is most likely worth more then the asking prices and only needs to be regraded to allow fair bids to be placed! If the rubies were only worth the bid price they would have taken the money!
Management stuffed up grading plain and simple IMO!
Does there have to be a conspiracy!
The company needs to make some serious decisions moving forward yes....1st one been CJ needs to step aside... and let someone else have go.
MUS Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
