The implication (Taking up shares) is that he (& his clients) has / have sourced shares in the open market but it is open to interpretation being in ambiguous language.
MRL is still a private client stock at present; it is difficult to deploy sizeable sums of money into a company with such small capitalization.
This to me reads they are buying in small increments so as not to substantially move the SP which is a common practice when accumulating.
Graphite stocks look to be having a turn-around in fortunes as of last week.. blue skies on the horizon.
GLTA
MRF Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held