OZL 0.00% $26.44 oz minerals limited

a sinking ship!, page-2

  1. 56,502 Posts.
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    I declare OZL to be a contrarian play now under $4.00 when compared to the high yielding bubble. eg. financial sector.
    Many issues here, but primarily is the strength of the AUS$ vs the de-leveraging from commodities world wide as to keep pace with decreasing Chinese growth, the pitied US economy, & the UK/Continent abysmal "belief".

    IMO, this is sentiment and I've discussed it with my sig. other and I'll be buying tomorrow.

    The balance sheet is strong. No debt. A pure copper play.

    For bulls only, sure.

    Little good news to come.

    Things change and I now forecast a swap from high yields to oversold commodities this year - soon; maybe not tomorrow, maybe not next week, but OZL under $4.00 to me, has reeled me in.

    I may trade later.
 
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Currently unlisted public company.

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