IGO 1.88% $5.75 igo limited

Webbie,Well done, that was pretty good. Fortunately I went out...

  1. 13,980 Posts.
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    Webbie,

    Well done, that was pretty good. Fortunately I went out and missed the lowest selling wave, as I may have been tempted for more.

    Overall, despite the low prices I have been reducing my base metal exposure. I always however like IGO in these times, even when I am exiting others. A good time to add to LT exposure to an A class company, when IGO gets thrown out with the bathwater. Just wish I'd been more decisive about selling down some others.

    Appreciate PT's post wrt Goldman, but imo they are a bit late, consensus earnings have looked far too high on IGO and many others for ages.

    This imo is capitulation after the event.

    But if there's another lower wave, difficult to say no.

    EL
 
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