NST 0.25% $16.20 northern star resources ltd

I'm still watching NST after taking profits a couple of...

  1. 278 Posts.
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    I'm still watching NST after taking profits a couple of weeks ago.
    I think it will have a higher price 12 months from now, but has a high probability of a large drop sometime between then and now (along with the rest of the market).
    Given the increasing inflation and the Ukrainian war, I'm surprised that gold and gold miners have not risen much higher already, which makes me remain wary of a forthcoming market crash.
    Although, just like 2008, I don't expect the ASX to crash as badly as other markets, and it should also recover faster.
    So buying and holding NST is probably OK, as long as margin debt is not used, and an investor can hold on during any downturn.
 
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