RE: something is up
| 15:57:10 |
T |
0.22 |
0.02 |
500 |
1 Anonymous |
85 Scotia |
K |
| 15:54:24 |
T |
0.215 |
0.015 |
3,500 |
79 CIBC |
85 Scotia |
K |
| 14:47:36 |
T |
0.215 |
0.015 |
3,000 |
79 CIBC |
85 Scotia |
K |
| 13:44:31 |
T |
0.21 |
0.01 |
50,000 |
31 Dominick |
31 Dominick |
K |
| 13:37:10 |
T |
0.20 |
|
731,000 |
31 Dominick |
31 Dominick |
K |
at these levels a nice buy IMO, with the production forecast
Malaga generated US $4.5 million in tungsten sales, up nearly 55% from US $2.9 million in the fourth quarter of 2010. As of April 8, 2011, the APT reference price was US $405 per MTU*, 23% higher than the price of US $330 at December 31, 2010. This price increase is primarily due to strong tungsten demand that exceeds global supply. Company management is of the opinion that this supply shortage will persist throughout 2011. The Company still expects to generate net earnings in the first quarter of 2011 and produce 80,000 MTU in 2011.
and tungsten APT:
The price of ammonium paratungstate (APT) in Europe has increased to between $405 and $415 per metric tonne unit (mtu) from between $210 and $215 per mtu a year ago, mainly on the back of scarce supply from China, which controls about 90 percent of the market.
the two things I DO WANT TO SEE:
1.higher production rates as forecasted
2. SUCCESSFUL exploration and increase of current resources.
If we able to get the two points above and APT levels or increases this is going to be a CASH COW!!!
gltal