Ann: Quarterly Activities Report, page-13

NO.

I don’t think this way anymore. I’m not trying to be a retail mug picking tops and bottoms. I’ve been looking at IBG for more than a decade and all those Rampers moving from one company objective to the next each time telling us the potential side liners are missing out on.

The ‘fight’ with Glencore is the worse position to be in for the company’s existence. Much worse than Bedford Resources took legal action! The latter was just opportunistic.

Going by the company history, getting in at the ground floor has more risks than benefits. Swing trade it is probably the prudent strategy but I’m not into bottom picking, just not my personality type anymore. Good luck and as always I’ve always been accused of downramping to seek good entry. I’m actually just the symptom of the price trend, not the cause.