GIR 0.00% $5.43 giralia resources nl

earaheedy, page-4

  1. 447 Posts.
    WC, Nice work on the predicted lower tonnage rate to reflect in the EV and potential increase in sp. Much better to be conservative in this environment.

    I'm still holding free carried but waiting patiently for the next market capitulation between now and 5 years time to load up some more.

    I think Marc Faber is right and we will see total disaster sweep the markets some time in the next few years when the US really imploades.

    After that, Chindia will continue it's ascent but we will start from a much lower base. Maybe lower than the March 09 lows.

    Having said that, Chindia will need a massive amount of natural resources, and IO will be one of them.

    Long long term, this is a no brainer.

    Short to medium term, concerned..

    SDG
 
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