the seller would know that he has got buckleys to sell that amount into the market. It is more of a sign to me that he wants to say here I have got my stake up for sales, contact me if you want it.
And as far as being a producer now, this is all very well but we still have no idea about production cost and sales. If and when we get these figure we will have a reasonable idea of the profitability of this venture. Long term I still think this is good, but we might have to wait some more time.
CMC Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held