LYC 0.00% $6.40 lynas rare earths limited

Kalgoorlie..., page-29

  1. 131 Posts.
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    CJ, We have all made mistakes with Investments and I am no Warren Buffet. I was caught napping with Lynas when it was on the Slide from 2011 and did nothing. My Large Investment in Lynas was nearly Confetti, but thanks to China and the response from Japan to secure an alternative source of Product, (Plus the A.L. influence, I was saved, so was Lynas. You however, missed the Upturn with Lynas by selling out at Post Consolidation Price of around $1.20 (maybe a touch more from My memory), maybe from sheer Frustration, as it was certainly being Manipulated at the Time. Yes, in hindsight I should have baled out in 2011, but I didn't, and bought MORE on the Way Down, Now I believe it will serve Us well.
 
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