ARI arika resources limited
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Good news just keeps coming. IO now back above US$110/ton. Now...

  1. rocket973
    13,025 Posts.
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    19/09/12
    09:50
    Post #: 10739088
    Good news just keeps coming. IO now back above US$110/ton.

    Now it seems that the Chinese are misplacing or losing steel stocks.

    Steel inventories – not what they seem

    •Stocks of steel held as collateral by Chinese companies have been discovered to be missing.
    •Chinese companies which have pledged stocks of steel to lenders have found that the steel is not there.


    Old Mother Hubbard

    Went to the cupboard

    To get her poor doggie a bone,

    When she got there

    The cupboard was bare

    So the poor little doggie had none.

    ARI Price at posting: 55.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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3.7¢ 		Change
0.001(2.78%) 		Mkt cap ! $28.96M
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Price($) Vol. No.
3.9¢ 227683 2
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