roadblocks smashed, page-7

Another 1.7mil shares taken from sellers today with very few additional sellers joining the queue at 19.5/20c.
But buyers keep on appearing willing to meet the sellers price resulting in this continuous rising trendline.
It would seem that there are numerous brokers recommending the stock at the moment.
It could well get into the low 20's next week but with 652mil shares on issue it must always be a hard slog forward.
Fully priced for Ramu but the sky's the limit for Frieda.
Xstrata have to decide whether to develop both Tampakan in the Philippines and Frieda in PNG at the same time - they will end up being equally big copper/gold projects and both are currently scheduled to start producing in 2016 - maybe less trouble from the locals in PNG which might be a determining factor.