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[sharechat] Resource Stocks in Australia

From:	"Graeme Martin" <Martin.Graeme.S38@xtra.co.nz>
Date:	Sun, 4 Mar 2001 12:07:56 +1300

Sharechatters

There has been an upwards movement of prices in resource stocks on the Australian Exchange over the last few weeks. With the north American economy slowing, Japan not really firing and the European Union doing OK, where is the demand for resources? I understand that world stock levels of selected non ferrous resources have been running down for some time and the forward sales prices are starting to rise. Diamond miners too seem to be in demand.

Is this upwards movement sustainable? Any comments.

Graeme Martin

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Re: [sharechat] Resource Stocks in Australia Gerry Tyler-Smith

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