ALB albion resources limited
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  1. entropylord
    14,166 Posts.
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    25/04/09
    08:35
    Post #: 5052418
    Shareman,

    Agree. Huge acreage comes with the company also, put some cheap Chinese geos on the ground, send in the China price equipment, learn from the vast database. A great opp for companies from an emerging hungry giant.

    There's a lesson for us somewhere in the ALB failure. It wasn't all the pon, if all had gone per powerpoint they'd have scraped through imho. Ditto Avebury. I got out of both when the EVs (tpa basis) got on par with that of similiar sized established producers mid 07.

    EL
    ALB Price at posting: 3.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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