g’day Zenzen.yes I do have rough targets, but I don’t ever post...

g’day Zenzen.
yes I do have rough targets, but I don’t ever post them. Everyone needs to have their own investing criteria worked out. For specs, as TI1 is, I like to get at least my cost out when it’s up 2-3 x from my average cost. Not always possible, but it’s my aim.
market's can and do change. That’s both the overall market and the specific industry of a specific stock, like IO is for us. IO riding high atm, but you should have already looked at a long term chart; at least 5 years, preferably 10. You’ll see where IO can and does go regularly. Current conditions will not last and we’ll eventually slide back to or below $100/t. At the bottom of the cycle only the biggest and most efficient mines make money in IO. These juniors would get smashed at cycle bottom numbers.
even though it’s a great story, there’s still plenty of risk here and with other IO juniors. So I’ll look to get my costs out for sure.
cheers,
ned.