a-dub: so you are saying that you knew about the 1.1 billion tonnes?
All the speculators here, Patersons, everyone all considered the upgrade to be in the order of 100-150mt MAYBE.
No one ever considered it to be 1.1billion tonnes.
The brokers (like everyone else here) read that announcement this morning and shat themselves, they would be on the phone to clients reccomending them to buy buy buy buy buy buy buy.
That doesn't happen between 10 and 10:20, that will happen later today.
So yes, it does make a huge difference.
Just wait til the institutions coin onto this undervalued beast.
Either today or tomorrow it's going to be through the roof.
The people who are selling for $1.8-2 are nuts.
BRM Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
