CCU 0.00% 5.8¢ cobar consolidated resources limited

hedge the lot, page-38

  1. 2,388 Posts.
    If you think silver is going to keep falling just don't buy CCU. Production is not for another 6 months, silver is in a long term up trend along, it's just had a turbo boost catch up. Consolidation at these levels is extremely good for continuation of the long term trend. Hedging prior to the certainty of production is just gambling anyway.

    It's not like this wasn't expected, sheesh. In two months time we'll be back over $50, use the opportunity to accumulate.

    I can't see the global financial situation suddenly resolving itself, can you?
 
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