moving nicely, page-15

mit, you're probably safer with some diversification into the same sector.

You have to ask, the heat that took it to 70c, probably has seen a lot of profit taking.

It will need to start forming some support and base before i'd throw more money into it, so that your bucks go into the new floor.

I bought more MAKO at 1.08, 1.20, 1.35 in each of the retraces (and 2.02 LOL), difference being more certainty with MAK.

The real catylst for KRB, now at 24 mill mc, still low IMO, will be to gets some more drills out there to firm up the trend. On that note, would expect a new leg up significant. Until then, we might get that base anywhere form 40-60.

Looking where its come from, for mine, it had long term support at 25c prior to the Jan crash (which i ignore by puting three fingers over the screen, as low volume firesale knife falling, great for the few, and equally low volume rally to pre jan prices)
Then, it has ran on nearology with some evidence of trend to a major, to 70c. So from 25 to 70 is 45c. A 50% retrace is pretty much as far as you'd expect a hot sector to pull back, mak example, so 0.5x45=22.5 is back to 70-22.5=47.5c.

IMO, your 50c buy is a sound entry, but wouldn't have hurt to diversify.

I hold MAK, MAKO, KRB, STB, SMD, GCR, URM, WCP in ags,
but to pick one other than KRB, would go with STB, as exposure to phosphate and potash.

good hunting.