AUZ 5.56% 1.0¢ australian mines limited

A fair price in an unfair world, page-432

  1. 287 Posts.
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    I don't post much on HC but have read a lot in the last week or so. As Mal Fraser once said - life wasn't meant to be easy and we all increased our blood pressure in the last week no doubt. As much as I would have been thrilled to see the price go to 40c today - I am still very happy with my LT holding with a 30% or so increase recently and > 100 % after a few months. Where can you get a return like that in a super fund!
    I mean , the long term benefits of partnering with a company in the top 50'worldwide is not to be underestimated. Another cliche - there's no gain without pain - we have to be patient and wait for all those thousands of tons of ore to be mined and the profits coming. Those who leave early will regret it. As investors , we don't get these chances often.
    Think more strategically like Warren Buffet and hold for the long term.
    GLTAH.
 
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