wake up call

You guys might get a nice surprise come Monday morning. 14.30 hrs. GMT and Caledon volume just under 4m in London. Some fairly chunky buys going through as well 300k, 200k, 175k so its not PI's.

This may have something to do with it:-

"According to the investment bankers involved, global mining firms are visiting NMDC with JV proposals every week and make presentations on their mineral properties."

"Besides, iron ore, the mining major is part of a special purpose vehicle International Coal Ventures Ltd, which is scouting for thermal and coking coal properties abroad."

http://www.business-standard.com/india/news/nmdc-eyes-6-foreign-assets-may-buy-stake-in-brazil-mine/15/09/86445/on

Then again, it may be nothing to do with this.

TDT :-o