huge cross trade was that cliffs, page-7

I'm trying to follow the logic here - assuming it is Valin\Portman who got took large parcel at 50c , why wouldn't they have been accumulating on market over the past couple of months if they wanted to increase their stake - particularly when the cappers have been dangling parcels of 800,000 \ 400,000 regularly around 42-46c ???

The only thing that has changed is the announcement on Joyners which I don't think would greatly influence what Portman\Valin are thinking - they chose to take a strategic stake many moons ago and i don't think some 69% drill results has made them think "this is great lets get more"

All the backroom deals going on with GWR\FAS etc make me nervous coz ultimately there is an end game and we (the hard working investors) may or may not part of it ...