I have seen a lot of silly things but using charts after the event in a joke. Some of you posters need to stop looking into tea leaves.
I agree this company has a resource and I also not that phosphate is at an all time high like nickel and uranium was so god help them if phosphate should fall back to $100 per ton. This mine will take 3yrs to develope and go pear shaped. This company is honest in presentations with production costs of $100 per ton which means that if the all time high price of $200 per ton falls back to $60 per ton then they are out of business.
Its a spec stock and more research needs to be done on future phosphate prices.
Nickel was $55k per ton now $28k per ton
Uranium was $140k per ton now back to $90k
All the stockbrokers are on this stock like a cat to mice, they want to flog it off to their clients for some very easy money. Today demonstrates how this is a volitile stock.
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