Nobody is downramping LIN, nobody wants a raising under 3c.
I got no idea why you think that, everybody wants the share price to be +5c.
to get a higher price you need backers with cash, brokers with clients with money, funds, not plebs posting on hc.
the LIN thread is full of emotional irrational people with little idea about the market or wealth generation.
this isn't a complex mineral or deposit. It's high grade bauxite at ground level. You dig it up and sell it, or it sits there forever.
the market knows what's there, LIN sells it within a year or it's gunna sit there forever.
if you think Rio tinto hasnt looked at LIN already, you have no idea what's going on. They own the deposit nearby with a train line and port. They have no high grade resource left.
IM amazed about the lack of market knowledge on this thread.
LIN Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
