China Armco Metals Inc. (CNAM)

[viking86]

Sig: I can't tell you how low it goes. But i know how high it goes. Thru the roof. If they deliver on all those things they have talked about, one after another.

Need first to hear what the heck is going on with their scrap plant. Did they get the first one or two shipments out ? Heck, each one is worth 10MM bucks. How about a few nice big iron ore orders from that Ma guy who co-signed the loans? etc...

Maybe they'll talk about it on the SF conference July 11-13? Most important thing to me now is to hear them confirm the 2010 guidance. As soon as possible.