No no Cheetah....I am far from successful in the traditional sense of a trader. Best to say got lucky on a hunch and having the cash at the time to risk. As we know any stock purchase is a risk and am always prepared to lose the amount I spend on specs. (And have!!)
You have avoided the question I raised. You have not addressed both SOI or LOM.
Also what potential greenfields await? The whole area is immensely rich with NST not far away. Have you considered the possibbility of a takeover?
HOWEVER....if I was a newbie just looking at BLK then perhaps yes I would wait until AGM before investing. Maybe incremental purchases keeping one eye on the macro. I keep a good eye on the goldies and there are a few others that also warrant investigation. Have lost money on PRU but still hold and still think a dark horse. RSG at current prices a buy. BDR ...tricky one there and breaks my SOI rule. Over a billion.
Nordesmic does great TA work on some of these and well worth looking at his posts.
Cheers.
BLK Price at posting:
54.0¢ Sentiment: Buy Disclosure: Held