I felt the same when FMG went to 99 cents quite a few years...

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WheresMyPants

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21/06/22

09:42

Post #: 62106085
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Originally posted by GoldPirate: ↑

I normally don't disclose my trades/purchases but, I'm not really too thrilled with current, persisting market sentiment in general. I decided today to not buy into a goldy for short term action. Can't be bothered in this environment. Put my last avail money on CNB & managed to buy in @ 72.5c & 73c just to have order filled. Brought my average down to where I'm content to sit it & walk away. Waiting now for assays as they are released.

Hang in there crew if you have true conviction. I personally don't see anything soon up ahead to change this current revolting environment. They'll push the EV revolution rhetoric for a while yet. Much starting to come undone in this area but whether the power to charge them comes from coal & fossil (90% @ present). They'll still go ahead with their Agenda. Cannot see copper keeping up with China's demand, once demand returns there, as well as brain cells. We'll witness one horrific demand cycle kick in for the future...

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I felt the same when FMG went to 99 cents quite a few years back. At the time I said to my wife if I put $50k on this we will own our house in the next 5 years. ended up putting my money in an mortgage offset account… silly me

like you said if you have conviction and you don’t need the cash imminently then I feel there’s no better place than having it parked in CNB at these levels.

CNB Price at posting: 72.0¢ Sentiment: Buy Disclosure: Held
23 Upvote

2 Great analysis

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