jp morgan boosts en holding

  1. 221 Posts.
    Hi all, whilst the article below is not directly related to RML, JP Morgan has given the heap leach process developed by EN, a vote of confidence and its tick of approval.

    London 22 December 2009 12:27

    JP Morgan Asset Management has increased its holding in European Nickel to 10.15% from around 6% previously, the prospective miner said. JP Morgan still believes in [European Nickels flagship aldag project] and is still prepared to invest, a spokesman for European Nickel told MB. JP Morgans Natural Resources fund, run by Ian Henderson, bought 17,917,152 shares in the company, bringing its total holding to 47,800,000 shares. At 10.15% of European Nickels roughly 40 million ($64.1 million) in total equity,...
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