SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Orbite Aluminae -- Ignore unavailable to you. Want to Upgrade?


To: a1b2c3d4e5 who wrote (1618)6/6/2012 10:47:15 PM
From: Bio_investor  Read Replies (2) | Respond to of 6560
 
In light of a recent conversation I've had I would like to offer an update:

1) Rusal agreement may be inked around August (perhaps earlier but don't count on it);

2) Buy on the dips but keep in mind that it's not a shoe-in that the share price will be up this fall (we need a positive global market sentiment above all)...in the meantime the share price may go lower ;

3) Don't count on any major deals signed before Rusal. Orbite is in advanced negotiations with Rusal and not with the other companies.

4) There's a better chance that High purity Aluminum will render money towards the start of next year instead of 2012.

Bio_investor

P.S. Has anyone heard of any of these Economists/investors before?

a) Harry S. Dent
b) G. Celente
c) R. Pal (from Spain)
d) N. Roubini
e) Faber

Several of these guys predicted the collapse back in 2008...they are now stating that there will be an even greater collapse of the Western stock market and a "RESET" will commence a new system (comment quoted on B.N.N. June 1st from R. Pal) I hope these guys are wrong.



To: a1b2c3d4e5 who wrote (1618)6/6/2012 11:33:29 PM
From: sandboxkid  Respond to of 6560
 
That could have been it, but for some reason I thought I had read it in an official news release or an article in a paper. My memory is not good as the last month have been rather busy. Thought it was something about expected agreement with Rusal to be finalized a later than original thought because of paper complications.

Thanks for the feedback though, greatly appreciate it

SBK