Just in from Wall Street newsletter.
While the markets are taking a beating now is the time to get set in Australia as their mining companies are at bargain basement prices.
China West International Holdings (ASX Code: CWH)
We mentioned this one earlier this year as they are moving quickly to establish themselves as a major player in the resources arena.
Check today's announcement. http://www.asx.com.au/asxpdf/20100505/pdf/31q5cwkdg320z5.pdf. Add this to their April acquisitions and we can see a company in a hurry. With Chinese financial backing CWH shares are a steal.
GBM Resources (ASX Code: GBZ)
Taking a hiding from $0.25c to below 10c this company has a very solid business model and will bounce back to former status.
Strategic Energy Resources (ASX Code: SER)
Excuse the pun but it's a bit of a rough diamond with the current price of graphite suggesting major moves on their deposits.
Cortona Resources (ASX Code: CRC)
Word has it that major drilling results soon to be posted could double the price.
Automotive Technologies Group (ASX Code: ATJ) Directors spending a lot of time overseas tying up major sales of their products. Look for announcements on environmental effects to create surge in SP.
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