CMC 0.00% 1.1¢ china magnesium corporation limited

http://www.investorideas.com/CO/CDII/news/2011/12081.asp hahahah...

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  1. 3,634 Posts.
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    http://www.investorideas.com/CO/CDII/news/2011/12081.asp

    hahahah no just  a lonely old share trader, stumbled across this stock looking at magnesium shares 3 years ago, got in around 30 cents but have now averaged down to about 14c. Wouldn't matter if i was remunerated or not it doesn't make any difference especially in this market.

    They have been through a rough patch but i think the deal with fengyan will really pay dividends contacts etc. magnesium ingot spot price remains steady at about 2200 and roskil still forecasting 7% growth, china needs fuel efficient cars, magnesium batteries are way better than lithium, so we will see what happens.

    Its all a big gamble, but give them time they have only been delayed which is nothing out of the ordinary for any company starting out these days.
 
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