ICG 0.00% 0.5¢ inca minerals limited

Ann: Inca to Cease Operations in Peru, page-11

  1. 8,181 Posts.
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    BC.

    Well I reckon your advice on commodities is suss.
    There are so many opinions out there at the moment all trying to sell newsletters and subscriptions.

    Some say massive gold boom, some say stockmarket boom, some say stockmarket bust big time.
    There is someone tipping every mineral know to man to either boom or bust.
    One or two will get it right and they will brag about being the only one who did so for the next twenty years

    It is a fact, as you know, that all commodities go through cycles and the problem is that most small explorers only chase what is hot at the time.

    The secret is to be there with the right commodity at the right time.
    Lithium is an example of this where people pushing lithium NOW are way behind the cycle. It's moved on as evidenced by the price.
    Do we know anyone like that? Surely not

    By the time a company finds the right ground, gets permits and actually finds anything if they are lucky, the whole bloody circus has moved on to the next hot thing, and they have only the scraps.

    Phosphate will be back soon enough and we could have it by the nuts.

    In the not too distant past, phosphate was considered what would be a very sought after commodity.
    I reckon it still is.

    Lockitt
 
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