FML 8.11% 20.0¢ focus minerals ltd

Positive signs IMO- US POG over $1130 after nudging $1137...

  1. 624 Posts.
    Positive signs IMO

    - US POG over $1130 after nudging $1137 overnight
    - AUD POG ovr $1250 and very solid above $1220
    - Asian mkts might take POG up further this morning
    - Nickel broken through US$10 per lb first time since Jun 2008 and charts looking good:
    http://www.kitcometals.com/charts/nickel_historical.html
    - Low vol last week or so, beginning to increase yesterday
    - Floor in SP around 5.6/5.7
    - Half yearly out in a week or so
    - 4 rigs been going for more than 2 mths now - more upgrades soon?

    TAers can interpret the chart

    Out on a limb = good day coming up and new 12 mth highs by April.


    Cheers,

    C12


 
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