BIG 0.00% $2.22 burrendong minerals limited

malay chinese have deep pockets, page-3

  1. 4,710 Posts.
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    Brad,

    Great summary...with substance, good on you!

    One more important thing to add:

    Roger Tan and these Chinese / malay investors have VERY strong relationships with Sinosteel in China...fact.

    MIS is a classic study of how smart money can sniff an opportunity....as you say they have now turned their attention to RAU clearly.

    The placement has been backed up by on market follow through buying.....buying with ears pinned back !

    Free float is reducing with every trading day. From now on, any heavy trader activity will push up the price sharper and quicker than previous spurts.

    What is an operational Tungsten mine worth these days, 28Mt resource and potential for expansion with higher grade lode below current resource?

    No brainer....accumulate on weakness....since 1.6c :)
 
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