first post, page-15

sue12...

Therein lies the key to the issue...either you believe in the story or you don't, because it really is a matter of all or nothing!

If CAZ lose, those holding shares will take a bath...if they win, those holding will benefit from the increased leverage afforded from an early entry.

I really can't see the purpose of continually posting the minute by minute motions of what really is a fairly straight forward situation.

RIO has asked for dispensation from the mining act via the Minister's discretionary powers...on the grounds of "public interest".

Although complex in it's execution, it really is a fairly simple decision...in the end!

Based on this, there are 5 options available to the market...

1. If you think CAZ will win such a case and are not risk averse, you buy and hold.

2. If you think RIO will win, you either sell your CAZ shares or don't buy in the first place.

3. If you don't like volatility in either direction, then regardless of your opinion on the case, you should probably avoid CAZ shares outright.

4. You might choose to "trade" the ebb and flow of information, misinformation, shadow jumping, etc, regardless of any pesonal thoughts on the case.

5. Finally, if you are interested in the outcome, but not prepared to take an early position, you can choose to wait for the decision prior to making a move...then buy when you feel comfortable to do so.

That's about it really...pick one of the above scenario's and execute your strategy accordingly.

None of the above scenario's are any more right or wrong than the other...just a different way of approaching the same set of data.

Cheers!