BHP 1.09% $42.68 bhp group limited

Another member of the buffoon club? Can you believe some of these statements?, page-26

  1. 5,238 Posts.
    lightbulb Created with Sketch. 1030
    Sigh x2.

    A high price will encourage new entrants across the globe to start up production and new capex. Including significant tonnage from China. This will lead to an eventual crash. I’d love $150 a tonne, it won’t last though.

    It happened to coal, then iron ore, then oil.

    Anyway this is my last post to your drivel. AGO is just another stock in the boneyard of has been that’s now diluted old suffering shareholders to nothing. Write off the loss and move on. I got out around $1.25 on AGO, and about 15 cents average on GBG. Cost me $100ks. Learnt my lesson and used those losses on gains from elsewhere.

    Sometimes losing money is the best lesson someone can learn.
 
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