While u r watching the shorts singeing Sabre some of us might be taking 1000 pct cfd trading gains and probably playing the mandatory techno retraces for some more.
Irrelevant what techno sp does from here so long as we get smooth oxides ramp up over coming months cos oxides alone is shaping up to be a 10+ year project and have u seen Cobalt and Copper and Nickel prices lately? Earnings drivers from here mate. But lestwe forget ... Omegas Browns sulphides is what its all about and we are in serious FS over that now.
Agree 10 bucks within 2 years is more than possible if all goes according to GORM ..... the crusade for the Holy Grail at 1331 (nothing has changed IMO except delay on Circe's island) and my Chinese astrologer picked 2009 from 3 years ago if u recall ... but we will need sulphides go and no deflationary depression around and a U-kicker to remind us we are still sitting on the best likely undeveloped ground for serious U-evolution ... hopefully into a third primary for POU same time then hey?
But first we have bounced fast off the "B" primary lows of 130/150 daily/weekly and may IMO need some consolidation few days at the right shoulder before progress to 4th market buoy (didnt someone pick that as RS target?) ... This aint a sprint to fizzle out now, feels more like the start of our third primary for mine, but has to progressively build its L/T head of steam.
But the GOOD thing about this finally is that FUNDAMENTAL event timing now supports and market recognition too is finally building ..... love speed tickets but still cant understand why make only piddly responses which dont do it justice. If u get a chance to tell the world what u r about when EVERYONE is looking (during a speed ticket), u should shout your presence with NO FEAR (isnt that an ORM Rule # 3 or something)
Meanwhile DJIA C-2 continues to evolve and now at that 12800 line in the sand again (2nd attempt) and IMO should soon push thru toward its meeting with GORM destiny circa the June solstice. Would be GREAT for all of us if the yanks can con-fudge-extend it thru to the Equinox beyond tho, so the ARK can be fully provisioned to meet it.
Great days of thunder ahead but u gotta be alert, nimble and pretty much pro-active with implementing yr beliefs so long as u have lifeboats at the ready ... generally speaking of course. And u know I will always give yas my two drachmae worth whether u want it or not haha, with my reasoning as Im playing it. If u want, look.
Leverage is a two edged blade ... get it wrong and u r washed overboard ... and generally u gotta go with the flow. IMO broader market is in major downtrend with rallies to give u exit opportunities as is happening now IMO (C-2). Resources however IMO are in contra L/T uptrends with breathers like now and if u have an emerging Olympian like we BELIEVE AND HOPE CMR is (no more stuff ups please), and u believe we have just begun the third primary as I do, then u cant pee against the wind ... its buy on dips now, contra to sell on rallies as our "B" primary turned out to be and as the current broader market C-2 APPEARS TO BE ......
Thats my personal call, but then again I dont have anything other than what I consider emerging Olympian resources in my portfolio which is STILL at a debtless 50% cash looking for the megabear C shipwrecks still ahead .... tho pretty well back to scratch with L/T core CMR holding. The only thing which I look forward to in broader market is my next MQG short at the C-2 end whenever ... pure egotrip and retribution for them stuffing up so many good mining projects in the past with their enforced hedge policies ....... KARMA payback time haha.
Play it smart and safe always cos we are in very treacherous minefields still with no end in sight for mine and what we really want is some good insurance policies against the severe stagflation now evolving at a more rapid pace.
PS current DJIA moves seem in tandem with USDX push again by downramping the precious metals etc ... looks like another rate cut coming so they are shoring up USD defences ahead of it. Whereas in Oz we are facing rate HIKES cos bottomline, we are again living beyond our means and cant print our way outa our USD DEBT ...... Zeus help us if they start dumping the AUD on recognition of future CAD/GDP realities or resources slowdown! But aint that one of the reasons why we are aboard the ARK ???
One moments thought for our fallen fathers who thru their sacrifice, have allowed us the indulgences we are able to enjoy ...... lest we forget ......and lets hope we are worthy of their sacrifices and dont instead recklessly stuff it up for our future generations ....
Praise Zeus ... amen
IMBOOC
CMR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held