Short Term Trading Week Starting: 18 Feb, page-69

Few ramblings
pm8
was obvious to me that yesterday's volume surge in the last hour of trade. .meant quite a few knew this Ann was coming out today..Brokers had been buying this one up for weeks..Day traders were all over it yesterday. .Volume is pretty obvious that they are doing what brokers anf DT do..flipping profits..NONE of the pro money hang's around for ever in speccie land.
TA might look a bit shakey to the naked eye. .but the FA just went through the roof..Credit to the team at pm8. ..that is some upgrade. .

Something to ponder..
-shallow decent grades
-deep port
-rail infrastructure in place (chinese owned)
-critical in demand RE &ndpr
-4% world wide not controlled by the chinese
-EV demand going forward
-demand to outstrip supply by 30,000t by 2020
-other countries and big companies wanting supply
-lynas not exactly liked in Malaysia 
-imo..all arrows point to the Chinese going.. gobble gooble..The rail line has cameras all through it..Do you think they are pointing at the sand and rocks to the right or at pm8 to the left...
im waiting for the dust to settle ..See what the BD looks like Friday...

P.S
have always thought  pm8 would never go into production here...Also looking to futher increase their resource deposit size with futher upgrades in size and grades..Low cost shallow deposit..Someone will snap this up at a premium. 


#IKnowNothing. ..as usual