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28/11/16
13:06
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Originally posted by Dazedandconfused
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I think all of this talk is nonsense ...
$US has gone nuts because of Trump's promise to spend big on infrastructure [on credit], gold has been slammed and the Dow has disconnected from the fundamentals ... it's short term mania....it is not going to last folks.
* If Rio makes a bid for AZS the SP is going to go berserk ... the chance that RIO is going to make that offer is slim [imo] unless their drilling has already confirmed a massive porphyry what we will see instead are the results and their decision on further commitment
*Teck decision in 4 weeks... whichever way it goes AZS is looking good.
* MDP upgrade on the way ...
* initial JORC for Loma Bonita on the way
In a period of uncertainty one holder is selling [according to thunder54 they have been selling for a long time] and the market is not absorbing the selling at the long term SP. OH dear ... the sky is falling.
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Fair enough dazed...lol.
I was just trying to talk through his reasoning. Which to me looks thin.