PGM 4.76% 2.2¢ platina resources limited

who is mr ten k, page-89

  1. 1,242 Posts.
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    Da Craw, what a good man you are to do that.

    Just an observation to add, I think there is anxiousness all over right now. There have been a number of shares (GBE, BLR, FWL, GDR, which have all produced fantastic news over the last few days, and seen their prices sag as traders sold into the spike.

    I think with the Dow sitting uncomfortably above a long term support of 12800, and sub-prime all over the news people are very, very nervous, and simply protecting capital.

    I personally think that, given the trillions of dollars waiting in over 30 Sovereign Wealth funds worldwide, all looking to lock in commodities, the future is very, very bright for Australian mining stocks - because I think they're all waiting for the fuss to blow over, the market to find a firm bottom, before wading in and buying.

    So it's a waiting game. And given the small number of PGM shares, when it gets the whip and runs, losses will evaporate very quickly

    So obviously I'm holding..
 
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