AZG 0.00% 3.6¢ allmine group limited

Since nov stock is consolidating, forming an asymmetrical...

  1. 8,701 Posts.
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    Since nov stock is consolidating, forming an asymmetrical triangle, it's a good sign. The upswing is a correspondence to an iron ore rise to $1.41, china iron ore stock is depleting, fortescue reopened kings site to keep up with china demands. It means there will be work for mining services in general, don't think it got to do with the take over. 2013 is gonna be massive for resources & mining services sectors.

    http://www.theaustralian.com.au/business/mining-energy/iron-ore-price-recovery-tipped-to-run-into-2013/story-e6frg9df-1226543762312
 
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