WCN 5.88% 1.6¢ white cliff minerals limited

Ann: Fourth Hole with Bonanza Gold Grades, page-15

  1. 2,156 Posts.
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    Leadup to Xmas is always difficult to get people to part with their cash. Early-Mid January you should see a nice bounce.
    Also, gold (and resources in general) is still on bottom, so people are busy looking at Tech companies and Banks to make their money.

    So realistically, I don't expect to see any real interest (and thus movement) for 9-12 months when Resources will hopefully be starting to turn towards an upwards trend.

    Buying at the bottom of cycle is rarely the place you will see quick big gains... But in saying that, when it turns, their should be a mad rush to get in, and that might be your chosen exit point at a healthy profit.


    Opinion only, not Investment Advice.
 
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