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Re: [sharechat] Resource Stocks in Australia


From: Gerry Tyler-Smith <g.tylersmith@ext.canterbury.ac.nz>
Date: Sun, 04 Mar 2001 15:09:02 +1300


March 'Shares" magazine featured them largely.  The power of the media to
influence specific equities?


>    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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