BLY
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0.00% $2.91 boart longyear group ltd

It would be interesting if the Chinese decide to buy BLY due to...

  1. QuietFrog
    2,020 Posts.
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    06/06/09
    17:34
    Post #: 5251361
    It would be interesting if the Chinese decide to buy BLY due to the Rio deal breakdown. Now that Rio has broken off the deal the Chinese's bargaining power is weakened. It would be interesting if they then buy BLY so that as Rio & BHP increase iron ore prices they could in turn increase drilling services fee and recoup some $$$?
    BLY Price at posting: 14.1¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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