WOAH!!
Came back from lunch to see the massive dump....
Not concerned...have and always will be in for the long haul, the resource is there and growing and we have yet to jam a drill bit into a lot of ground we have aqquired....Its the Pilbara of Brazil, just look at the bloody map!
I am personally assuming the dump today was from a large holder who bought in the 6-7's earlier in year, I would take the profit also if I was in that position....But I also dont want to loose my tax break for holding longer than 12mths for a short term gain when long term.........could get me a new house/apartment in 2-3 years.....I can wait!!!
Can you?
a static valuation comparison , page-126
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