I am a holding ALB Q report looks good what I can extract from it.
The only question mark I have is.....
With nickle at record highs, profit margin needs to be greater.
You can't just say or expect nickle prices will continue to go up (Even though it is looking very bullish for now)
I remember the so called experts saying gold will be $1500 an ounce come early 2011. Gold has corrected to be at about $1300 even though I think long term it looks like heading towards $2000 an ounce. One thing I have come to learn about markets, commodities, etc etc always expect the unexpected!
But if the company can reduce its production costs as stated, then its all systems go.
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1 | 198541 | 0.042 |
3 | 138195 | 0.041 |
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1 | 200000 | 0.035 |
Price($) | Vol. | No. |
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