AUZ 14.3% 0.8¢ australian mines limited

Ann: Drilling extends nickel-cobalt resource potential at Sconi P, page-238

  1. 23,503 Posts.
    lightbulb Created with Sketch. 1480
    "Question In your opinion is the ni and co AUZ have "long term" getting mined ? Yes or No"

    I don't know, nor do I care. If it starts a new uptrend I might buy in and ride the trend, if it doesn't then your question will be answered. Hotcopper is littered with these sort of companies where everyone thought it was a sure thing and every "long term holder" got burned. I've done the long term hold thing myself, heck even last year I still held onto shit for far too long falling for the strength in the market thinking there would be more to come, but as a general rule now, I try to ensure I'm out somewhere well before the main falls start to happen .... if it's going to go into production there will be another opportunity to get back in and make money and generally I'll be a long way in front of those who just held all the way through
 
watchlist Created with Sketch. Add AUZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.