of course chart reading is just a "naive" type you may think for shares trading.
Well, I don't know whether you would believe the CEO of RIO or BHP or else.
if you think China will keep buying material from overseas, then I could tell you that you could be under estimate how China government can be. China is a country that can create a very good image of how material hungry they are but that can be completely false. If china buy the material at a high cost under April 2009, then I can tell you that they may just stop the contract and no more business with BHP and RIO after April 2009.
it is just the same as PDN has their contract remain at 95 dollars for the uranium, how much is PDN now? 3.9....
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