AXN 5.56% 3.8¢ alliance nickel limited

volume increasing

  1. 292 Posts.
    I noticed that the vol have been increasing and TA is showing an uptrend in this stock, there is a possibility that once it goes up it may bounce in a big way. Resource upgrade coming up, and in an article today in theage it shows major Asian businesses investing in Australian miners, a good example is Jinchuan taking up a big stake in Fox, now POSCO the world's largest stainless steel maker is looking for investments, JV may be closer than we think.

    GME has the largest resources in Aust, with over $30 billion dollars in resource and a possible NPV of $3B assuming price of nickel to be 10lb, i think someone is seriously taking notice of this share.

    GL all,
 
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