- 3 February 2010
Surely, this flag has to break sooner or later.Australian Vanadium has been on a nice little run recently, having more than doubled in the last couple of weeks.
Some good news was announced on 9 January regarding recent and ongoing metallurgical test work at the company's Gabanintha Vanadium Project near Meekatharra in Western Australia and that appears to be what has been the impetus for the run from around 2c to 4.6c.
I'm not quite sure how to interpret the announcement of 9 January but it seems the market liked it.
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Question is: Which Way?
Following recent news and the Quarterlies, I'm leaning towards the upside.
I'm buying. Still speccie, so tight stop applies.