Hello all...hold on to your seats. This market drop is as
always based on fear(even though the reality of Macro economics paints a different picture) ...making sense of all this and sticking to your guns when a stock such as Zambezi shows only upside will benefit those who embrace risk with belief and fortitude.
sugadante your posts are spot on about Zambezi.
-Zambezi is supported by the Zambian government.
-Major mining license approval
-large copper resource
-environmental report underway as part of license approval
-road for transportation to be built
-joint ventures with Rio Tinto
One important thing to keep in mind is fellow aussie copper miner Equinox Minerals (eqn) is also based in the North of Zambia (Zambezi is in the Sth)...look at their stock price
( EQN did drop to a $1 in the '08 major correction ) haven't done the resource comparison yet. If ZRL is as half as great as EQN we will do well. However copper growth is based on economic growth...it is used extensively during this growth phase...will this be the case going forward??
Zambezi is a baby elephant and growing...only the hunter (macro economics succumbing to the weight of debt) can shoot it down or slow it down!!
"you are the real risk in your trading"
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