back over 20 dollars a pound, page-17

melua

read my post on AGM

I recognised that there was a change of sentiment when PON fell below $21. When it fell below $20, I knew it was an indicator that sentiment had changed. It bounced a little , but revisited $19 again. That was it - youre indicator to sell out of non CORE holdings.

Because I believe in the long-term fundamentals of PON im keep my long term CORE holdings and 10 days ago I lightened on excess holdings of JBM and IGO.

Ill NEVER sell my CORE holdings though, cause they are SULFIDE producers which are hard to come by and they are very profitable and paying good divvies.

Ill buy more when I feel the PON is nearing a bottom

I reckon PON will settle around $30,000-$35,000

thats still a great price and JBM, IGO and all the sulfide producers will prosper long term at those prices.

yep, theres a little more selling to go in nickel IMO.

When Zinc started falling it was in a down phase for a couple of months. Same with copper.

But they all come back, so keep some CORE holdings IMO!