drivers

This little titbit came across my bow ....... rosy future touted for pgms ......

http://www.mineweb.net/mineweb/view/mineweb/en/page35?oid=20782&sn=Detail

(Bit on Ozzie U too. But seems like they have bypassed the Rum Jungle King entirely as so many others have haha. Oh well, maybe not savvy enough til the horse has bolted as usual.)

Bottomline is IMO we are in a secular megabull market for resources and pms after a 21 year megabear. Happy to back Kondratieff in timing targets but we individually just gotta play it the way it suits our portfolios and expectations.

My portfolio atm is made up entirely of investment CORE looking for MY estimates of FAIR VALUE given MY expectations of LONG TERM RESOURCES BULL and I aint gonna be killing ANYTHING too soon this time round so long as the background enviro fundamentals point north.

In fact seems like I have been too conservative in retrospect, so will probably look to add trading parcels across my Olympian stable when I get back from hols.

Nice to see a new pgms etf ...... and one for uranium also just established. Gonna be casino capers ahead IMO for all of these. Who recently said stronger for longer when BHP turned round the resources sector retrace since last May with a 2 buck day move? On fundamentals gotta believe her.

PGM's market cap remains at around 25 mill bucks for a 50 mill + ozs mega-resource base of gold and pgms. Obviously nobody belives in fairytales ........ just yet. Tho I cant see any fairytale ..... all I see is a known mega=resources base racing toward critical mass (if it aint already there) like I could with CMR at 19c. But it takes TIME to emerge. And so long as the fundamentals point to us having time, then guess patience may ceratinly prove to be a profitable virtue in this case hey?

IMO, more important to keep an eye on the global backdrop than daily price moves ....... same for entire portfolio. Are we counting the wavelets in current techno retrace and where the D/T line breaks next?

IMBOOC