advice for a newbie, page-26

Yeah Warnie...we know for sure its going to push and pull on the CAZ SP for a while..probably moving between 45 and 65 for a while.

Probably good for traders for a while if they want some quick money.

But its a brilliant situation.

Brings up a good debate.

Many say "CAZ is stealing from RIO".

I dont agree. I believe rules are rules and as big as the london based RIO is...they should be playing by the australian rules.

They didn;t on Shovellana.

They needed to use political mates to swing it in their favour.

CAZ beat RIO at the legal rules of pegging a tenement..they should have got Shovellana.

Its now happened again.

Now what do we do this time. What stance can the government take.

The Shovellana case really sent a message home to the junior sector...."dont try go to well.....we can always just over-ride legal decisions and rule in favour of whoever we like".

I just cant see it happening again...I reckon the federal government would prevent casting that kind of shadow over the mining sector.

RIO can handle the knock.

It will be good for them and maybe curb their arrogance to the point where they get applications on time..peg tenements on time and keep up on the rules.

Good luck to all who hold through this CAZ / FMG vs RIO...going to be interesting to say the least.