what's going on, page-7

Good morning all holders, Ok this is where we atm, read the following post borrowed from "arafurainvestor" on the lyc thread

Quote


ok, fasten your seat:

Ce FOB China: +25%!!!
La FOB China: +25%!!!
Nd FOB China: + 4%
Pr FOB China: +13%
Y FOB China: "+2000 US$/mt"...

This means around 18% more for Lynas Basekt! Shareprice will skyroket...!

Here is a link:

http://www.asianmetal.com/price/initPriceListEn.am?priceFlag=8&productInfoIMG=Ce+Oxide%E3%80%8299%EF%BC%85min+China%E3%80%82RMB%2FMT

Unquote

IMHO, yesterdays' fall by both leading REE stocks in Oz Pirra piuts down to the daytraders making a quick buck and in a lot of cases got caught out with aloss. Just look at the sales on ARU ie, in comsec etc or go to

http://stocknessmonster.com/
look under Trades and there was the following for Friday 22nd October

Total Trades Total Volume Last Trade V.W.A.P*
1,373 3,758,772 162.5 167.2
* Volume Weighted Average Price

Huge amount of small trades, IMHO day traders etc. LONG TERM holders with the right PATIENCE will do extremely well out of Arafura Resources Ltd. Am going to AGM and will report results as usual on 25/11/2010.

Noe, the latest basket report will see the price of the REE stocks shoot upwards again. Bring on PRODUCTION 2013, and early 2013 would be great.

Time will tell. Always does