CAZ 6.67% 1.4¢ cazaly resources limited

advice for a newbie, page-15

  1. 45 Posts.
    Hey newbie

    I also bougth CAZ at 50c or so (before the appeal decision and before the high court) in the hope david would slay goliath, and the fact the minister was kicked out of his job. 2 days later it soared to 75c after afull page article in the newspaper. Without trying to give you advice, FMG would not have put their name alongside CAZ unless it sounded like a chance. Mcmahon is the best in the business for tenements (ask wesfarmers!). So, if i bought at 65c, it is very early in the game and im sure it will get to 65 or higher before the conclusion comes around. Provided you bought with money you could afford to lose i would hang on and wait for an announcement that they are going to the wardens court or wherever the will have the first stouch. Good luck, and just spend heaps of time reading certain posters, googling (good free research is in abundance).
 
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