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AUZ

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1.4¢ australian mines limited

Thanks mate appreciate it. Lets hope your/we're right, for all...

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shortjake

23 Posts.

22/11/17

16:43

Post #: 29028788
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Originally posted by beefarmer ↑

Both actually jake.

Someone is spruiking a market crash. I think corrections are inevitable whether they be small or slightly larger. But you have to think about possible factors that may cause a crash?

In the USA, earnings are very healthy. The PE may me a tad high but not ridiculously. Inflation is in check. Dow Dow Dow my friend used to mention when his Chinese business associates many years ago were asked how things are going. Believe the market.

In China, growth is slower but it is growth. This is a fear if it gets back to 10%.

Trigger factors are the key. I keep harking back to oil and the Arabs. What are they going to do?

Apart from that, the last two years people have been saying arnageddon is coming. In the last six months, look how the new material sector has performed. Deep steve is obviously someone in the doomsday camp. Look at how poor and miserable someone like him has turned out to be .

Let this be a warning to you - at the moment and for the next 18 months there will be no crash. By then our stock AUZ will be multiples of what it is now with major European backing. Anyone who does not take their initial parcel off the table will be frankly looking for trouble. That's our Steve again . Don't be then a Wally. Certainly don't be a Steve.

Look for opportunities in our market that have international exposure and growth. Growth is the key here.

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Thanks mate appreciate it. Lets hope your/we're right, for all our sakes.

AUZ Price at posting: 9.2¢ Sentiment: Hold Disclosure: Held
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