MM's pricesLooks like the MM's now have a strong corner on the price. They're buying at, up to 2.63, from all those who want to trim their long-held stocks, and don't want to go into the NR "unarmed". They are still buying from all who want to "lighten up" (shave off a little).
Looks like the range is anywhere between 2.50 - 2.63 CAD. Are we letting go of 10% of holdings for the "just in case" scenario as speculated by many at 0.50 CAD, for the highly unlikely scenario?
On paper it sounds like a good idea. BUT I still can't understand how DeAlba and our dream team will take this kind of risk, rather than closing up shop weeks ago, AND moving over to the Wei-1 well, while we still have Maersk Discoverer on site.
I like Jada's position best, Go big or go home! Way to go!
GLTA