China Growth Stocks

[viking86]

CNAM: good to hear it from you. I think 1Q will be nothing really exciting, esp. with dilution starting to hit the share count. Unless they announce some other big contract before or at E/R. But much important work has been achieved in the last 2 months (10M PP, 100M contract, Brazilian ore sourcing deal, local scrap supply deal..) to set up the stage for real big and lasting growth starting 2Q and accelerating toward the EOY. Time to get more ammo and accumulate on any pullback.


Kexuan Yao, China Armco's Chairman and CEO, stated, "We see the positive momentum in our distribution business continuing in 2010 as we look to expand our sourcing capabilities. Additionally, as we commence operations at our scrap metal recycling facility we see record operational performance beginning in the second quarter being sustainable for the foreseeable future. We look forward to delivering exceptional performance in 2010 for our company and its shareholders."