China Armco Metals Inc. (CNAM)

[southacresdave]

Viking....I wouldn't necessarily say they are a high quality investor, but when their purchase price is the same level as ours than that's ok. If they aid in "pumping" the price up to a more reasonable level than that works for me. Plus, now that they are a 10% owner we will know their every move (buying/selling).

The obviously are familiar with the plant (with their offices in NY and Shanghai and Shanghai not being very far from Jiangsu Province). That's a good sign of confidence.

It's amazing the number of new negative posters on Yahoo. Maybe that's a good sign that we are nearing the bottom and will start to rebound.