Looks good-2.80 price rise in 1 day-especially whe
Post# of 8054
Looks good-2.80 price rise in 1 day-especially when winter is usually slowest season for ore sales due to winter in China usually slowing manufacturing
ore was only 10-14/ton til 2002 and thus ca 1/2 of juniors still have production cost below 13/ton as no doubt does cwrn-so still large profits to be made if we can get the stuff on a ship. Already have a shipload of 45k tons at port and Shirley indicated 10-24-12 that fertilizer permit was expected early November.
Should be a minimum of 500k tons of inventory and possibly a lot more, so if they can get buyers lined up there is probably at least 10 ships worth.Pic below from Shirley to Rocket 10-24-12 with production continuing,as indicated by the new pamvmex website also.
Has been the most undervalued stock for a long time due largely due to restrictions so once they get restrictions removed pps should rise substantially.