PLA 0.00% 6.7¢ platinum australia limited

Hi splitsetI'd keep an eye on the Jin Chuan Group (Ni and...

  1. 1,245 Posts.
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    Hi splitset

    I'd keep an eye on the Jin Chuan Group (Ni and Platinum producer).

    http://en.wikipedia.org/wiki/Jinchuan_Group
    http://www.jnmc.com/#

    PLA could have strategic value for Chinese (esp the Panton Project) OR could make for a deep pocket JV partner.

    However, perhaps this is just a pipe dream or bad rumor (given they have not come on as a cornerstone investor before now). OR perhaps management were reluctant to give away a significant slice of the company at fire sale prices?

    Time will tell.

    Gus

    P.S. for market watches:

    Buyers still building (and almost doubled today!)

    34 buyers for 3,694,467 shares

    60 sellers for 5,090,031 shares

    BOT only working on up-tick trades!

    03:31:29 PM 0.072 262
    03:31:29 PM 0.073 8,500
    01:39:58 PM 0.071 44
    01:39:43 PM 0.071 97
    01:39:43 PM 0.071 697
    01:39:43 PM 0.071 697
    01:39:43 PM 0.071 743
    01:39:43 PM 0.071 743
    01:39:42 PM 0.072 46,974
    01:39:42 PM 0.072 50,000


    Gus
 
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