SDL 0.00% 0.6¢ sundance resources limited

gs reduces price target and assigns a sell , page-15

  1. 1,404 Posts.
    Belkin,

    I agree with you. I have comment the same points you have raised in the past.

    The question I ask myself is "what can I do with he cash raised from selling a stock I feel will stagnate in this market?"

    Very true point. So many cheap buys and good investments.

    I have put this stock(SDL) in med/high risk profile. So I am under no false hope if things dont happen to SDL.

    I am looking at it from a 2-3 year out look, and trying to matching this with the milestone of SDL. If these mile stone are not meet I will take an approached to dump the stock or get rid of % of my holding.

    I hold quite a few share @10 cents, but looking at the trading and what people are saying about SDL, the agreement with the goverment might be delayed. (This is my view please DYOR).

    And yes I understand your point and feel the same way. For me SDL is one of the largest desposit of iron ore not owned by the big boys. The big bouys would love SDL to run out of cash to pick up the mining rights.

    I do feel SDL could be going down to the 6-8 cent mark, but again this is only my view point. I will wait for the AGM meeting and thinking of going to it.

    thanks for your view point.

    cheers




 
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