Well they'll need to get it from somewhere, so it makes only too much sense to buy it from down the road in the same country instead of from Brazil or Australia etc.
Maybe that's why Usmanov bought in at $2.75 cause he has a steel background and new this company was going big in Peru and would want our Ore in the future as well?
Dunno, just a thought.
We need more buyers to come back and hopefully close the gap to $1.60 by weeks end, that will be extremely positive.
Good Luck All
SRK Price at posting:
$1.48 Sentiment: Buy Disclosure: Held
