Ann: 33.91% ZINC & NEW CONCESSIONS RE-RATE CERRO RAYAS, page-128

That was a very different scenario with PEX @grubarura. You cant really compare what happened there to whats happening with ICG.

PEX is a very tightly held stock with only 184M shares on issue. When it was getting sold down it was only due to 2 boutique insto's selling out their position due to being so impatient & having such unrealistic short term expectations. For over 6 months they literally dumped stock on the market taking any price they could get. Because it was then so thinly traded that exacerbated the price declines. Long term holders were aware of what was going on. So we took advantage of it big time. Very very different to what has unfolded here.