QPM 2.70% 3.8¢ queensland pacific metals limited

Associated News, page-2133

  1. 2,443 Posts.
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    The legislation is vague, and Biden is vague and a corrupt, lame duck president - this time next year he'll be the outgoing president.
    The ugly truth is that China's strangle hold on battery metal technology and EV production is likely to continue for a long time.
    When (not if) Indonesia gets a free trade agreement with the IOUSA, then its nickel industry will continue to dominate and most would be nickel producers will remain prospective ... including the TECH dream ... this company now is a niche (methane subsidised) gas producer.
    So, this endless diatribe from TECHnophiles is amusing but not helpful IMHO.

    A simple "stop loss" SP strategy would have saved someone a lot of money and investment opportunity (e.g. sell QPM buy RED)
    So, be it 20c, or 15c or 10c ..... pick a number ... getting strapped in without a parachute eventually ends badly.
    The KISS trading plan can be overlaid with sound fundamentals but not panglossian analysis.
    N.B the relentless decline in volume the last 2 years .... volume confirms price.
    Ditto WIN and other nickel wannabee's.
    Finally the old axiom that "the commodity leads" - i.e. when it turns down it will drag down stocks and vice versa.
    Gold bugs should remember this and temper their euphoria ... nothing goes up forever ....
    https://hotcopper.com.au/data/attachments/5785/5785227-dd0849db5290c3001ab7040097d82d4e.jpghttps://hotcopper.com.au/data/attachments/5785/5785236-332c660eef8312944df28a6a3e0f84b9.jpghttps://hotcopper.com.au/data/attachments/5785/5785241-3ee121dc266e178928272d085b2fd93c.jpg
    https://hotcopper.com.au/data/attachments/5785/5785247-f4ede020e09ea329cbf3897510d21c72.jpg



 
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