warnie, go and do some research on arh, read the company presentation in apr 07, they have 4.5 billion tonnes (yes billions not millions ) not jorc compliant, but by jorc guidelines, and potentially 60 to 100 billion tonnes........but you also need to read the article dangerous dealings in the smh/business of 24.11.07........wow dodgy, murder, insider trading etc....... oh but more importantly.......about 440 mill shares on issue, trading at 2.20 or so................. and clive palmer has about 60% of the company........was 80% or more........actually I wonder if anyone really knows whats going on there......... anyway, point of my post is the thing can go to 2.00 on basically nothing much more than the words "iron ore'
and recall cdu having similar rise to fame..........on speculation that wm said there was a heap of copper there, in fact that one went to 10.00 from about .20, now 3.80 or so..........I think that one is a tall story. but just shows where the sp can go cheers
FDL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
