daytrading sept 14 morning, page-60

  1. 19,719 Posts.
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    mentioned this one last week.

    SFZ Brazilian Iron ore producer, just commenced.

    Next door to their tenement is Vale.

    If Vale wishes to enlarge their pit, they will need to access SFZ land to do so.

    6 drill rigs on site, to prove up Jorc resource. Market Cap of $38mil is an easy takeover option for Vale rather than go through the access issues.

    Sell orders have been pulled since Monday.

 
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