ARH 0.00% 0.5¢ australasian resources limited

ouch, page-9

  1. 611 Posts.
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    Don't worry this will go ahead alright CitiC will see to that, I'm sure. They have also been buying coal mining Co's recently taking a large position in Macarthur Coal (mcc), who won't be mining much of late with rain up there and won't really be producing a whole lot more till 2009 but surprisingly there SP has risen all last week on some strange trading days? the other week it was hitting the $10 mark then being sold way down then back up again? did it Friday as well only it was between $8 & $9 this time on good volume, didn't even go to bad today considering bloodshed everywhere? I think the Chinese are taking some more, although not Citic it's at it's 19.9% cap on this one? Don't panic all will be good, topped up some more friday, should have waited DOH!
    Iron ore + coal = happy chinese steel companies
 
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