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alcan decision ?, page-9

  1. 2,574 Posts.
    I don't think that the Alcan decision is the only thing driving OSH at the moment. At its current price all hope of a pipeline has been fully discounted - imo you could probably get more out of it if you liquidated the thing and distributed it to shareholders!! What a joke!!

    If the price falls on the announcement of no pipeline then it will be out of sentiment and nothing else.

    Notwithstanding all this, I also think that the oil price and the gold price are having their fair share of impact. Oil and gold have taken a pasting recently and most oil and gold stocks have taken a hit. Don't think that OSH has any right to be immune from this.

    Also, Alcan were rumoured to have signed in January so why is there so much backtracking??

    I still think it's in its trading range.

    I am painfully holding.
 
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