ALB albion resources limited
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Well, ALB is now down 50% from two weeks ago and looks like...

  1. Absa Fron12
    5,923 Posts.
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    14/01/09
    10:44
    Post #: 4689179
    Well, ALB is now down 50% from two weeks ago and looks like there is little support.

    Nickel is dead while the USD is still (amazingly) strong.
    Maybe the Chinese are using their wealth to keep the USD strong while they negotiate their commodity contracts at lower prices.Just a theory.

    Their is every chance it could go back to 10c so I will wait to top up there.

    Nickel is still needed in the world and good deposits are getting harder to find.
    ALB Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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