ALB albion resources limited
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re: another mgx? chinese paid 20c per share Nickel spiking again...

  1. RKS
    573 Posts.
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    31/12/08
    23:21
    Post #: 4648758
    re: another mgx? chinese paid 20c per share Nickel spiking again - currently $4.80 (Kitco).

    Put on 16% locally, was as high as 37% up. Stock flat at LME

    Is up 13.09% in London at present.

    Oil down to $37.25 (Bloomberg).

    I don't know about the rest of the market, but ALB has been to the bottom and is on the way up, as long as the current Nickel price holds.

    Was dumb enough to take profits today, will have to buy back in at a higher price.

    Robert

    PS I'll make this my last for 2008.
    ALB Price at posting: 14.5¢ Sentiment: Buy Disclosure: Held
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