Why this has remained overbought ? Here's another reason without stating the obvious...the global shortage of manganese. The fin. review reported last mon 8/2 that gold, zinc and managanese expected to run out within 35yrs (hopefully ARM's resource will significantly change this stat) and on tue 9/2 that Macquarie added manganese to credit suisse's shortlist of metals to be leveraged in. If the drilling confirms results to date, like someone said in a previous post, the impact on the shareprice can be life changing.
ARM Price at posting:
$1.23 Sentiment: LT Buy Disclosure: Held
