Speculation by the greed and irrational exuberance of overly bullish investors such as yourself.
Speculation that what BAU has to offer is viable.
Speculation that China will want what BAU has to offer.
If you did your research you'd realise that RIO, BHP, ALCOA and RUSAL have sufficient bauxite reserves to last the next 50 years! Hence why they did not want the tenaments BAU is claiming.
You'd realise that Guinea is sitting on a third of the world's bauxite and dishing it out like there's no tomorrow.
Bauxite is one of the most abundant ores on the planet!
BAU has not found a needle in the hay stack.
Bauxite is not like oil. We are not running out of Bauxite.
A bunch of guys from BAU take a holiday to China and the price jumps! Do you remember the dot.com days?
Gaze into your monitor and tell me BAU won't drop to .250 =]
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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0.033 | 16476 | 3 |
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