CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Quarterly Activities Report , page-17

  1. 3,754 Posts.

    One thing I have learnt over the years of having a keen interest in the stock market is things are always cyclic.

    They go around in circles,up then down then up then down then up etc etc.

    Its by doing oposite that has made me my money...buy the stocks when they are cheap...sell them when everyone wants them and thats when the price is up.

    The downside to silver will come to a close and the price will recover.

    Always does and always will.

    In 2011 we saw $48 for silver.current market conditions killed that rally.

    I dont know when silver will rally again but I know it will be a ripper.

    $48 for silver again is definately achieveable.

    If silver was 48 how would a new producer like CCU be viewed?

    Lets look back in history...When silver was $48 in 2011,CCU was around $1 to $1.05 a share.

    Also their production results were nothing like todays.


    Im happily buying up at the moment with long term in mind.
    Short term who cares.

    Just got to wait for the silver price to run.


    read the link below.






    http://www.wealthdaily.com/aqx_p/51010?gclid=COGuzpqHsLwCFUNvvAodSEoARw













    cheers.






 
watchlist Created with Sketch. Add CCU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.