GPN greater pacific gold limited

takeover, page-49

  1. 511 Posts.
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    "As far as Xstrata pushing the price of Vanadium down. You forgetting the ever thirst for steel by India and China at the moment. I doubt Xstrata could or would push the price down against a genuine need for it."

    It was I who was talking about Xstrata, not this_is_it, so I'll answer. I'm not saying they'd try to push the price down NOW, I'm just saying that the fact they did with PMA has probably fuelled people's prejudices so that they steer clear of V companies and undervalue them.

    If Xstrata did want GPN, incidentally, they could almost pay for it out of their petty cash!
 
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