Herd mentality:
Rumors and rumors, how did it all started? Yes , the Mining Code will be revised, but who ever mention shutting down PTQ. We were operating just fine under old Law and will be doing it just fine while NA is working on the new one. All this noise was about Copper , Imelt, etc.
Martinelli is playing game ( has nothing to do with change of heart). First he needs to survive politically, then try to push his agenda again, may be half of loaf is better than none.
I am only guessing. Mjk lives there and even he does not know or would not tell us . ( mjk , I will listen speculation at this point ) .
But I know one thing: unless something drastically changes- I am not following the herd.
Almost 4 mil shares were sold ! 4 mil. shares were bought !!! – and SP moved only .09 … hmm
I bet : sellers were scary small investors , and who were the Buyers ?
Ask yourself : who bought those 4 mil. shares ?
JMHO.
VB