Hi Neptune,
I sold out yesterday at 37.5c. I bought my first stake at 14c and my average entry price was 19c. So RVR has been very good to me. It's been a great journey and I may well be back again. I've enjoyed it all the more because of the guessing competitions you have run, even though I didn't win. RVR is a great and well managed company and Zn has been a great commodity to be in.
However I think that it is wildly optimistic to say that as soon as this is over RVR will bounce back and pick up where it left off. What we are seeing is the start of the US stock market bubble bursting. This is an event that has been brewing for years. It's not going to blow over in a couple of weeks. The real economy is going to feel secondary effects. Who knows what will happen to commodities? Anyone who thinks they can predict all the knock on effects of this is delusional. I feel much safer sitting on the sidelines for the present.
Cheers,
Tim.
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