Very quiet in PF1 land. did read today inflation getting a little out of hand in Argentina. Iron ore volatile around the USD$200 Mark and clearly tied to the reflation trade. Copper now starting to get to a point where people will make a bigger effort to recycle and thus pressure the trend up a little.
What does all that mean for PF1? just a waiting game as I am sure management in the background are working through the challenges and hopefully some good news in the upcoming Qtrly next month.
seems to be a fair amount of support here in the low 30's which is a good launch point for the climb to eventual $1 target of Mr Oddd's
GLTAH
PF1 Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
