Friday, December 14, 2012 1:45:42 AM
I hadn't seen that article in my searches before. That investor is local to me and seems to be well known. I'm going to attempt to get in touch with him and see if he still follows this stock.
Atletico I'll find out for you. The AGM was Wednesday, I would imagine it would be more than a day for anything to surface. Sitting at .112 today is annoying but no real selling suggests whoever was in the picture before hasn't gone anywhere. We're all holding our breath. I'm not blindly enthusiastic about this, infact I'd like to see some more insider buying. But I like that Peter Dickie has skin in the game and that for him as well as most or all of the others involved bringing this to fruition will be life changing. That kind of motivation is priceless.
Steel production is up 16.5% in China and reserves are at a low. News like this is coming at a good time in my opinion. http://www.mining.com/iron-ore-price-highest-since-july-as-china-cranks-out-16-more-steel-and-stockpiles-hit-2-year-low-48110/
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