MYL 0.00% 70.0¢ mallee resources limited

I did not post to change the views of bulls...that is not...

  1. nk
    3,095 Posts.
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    I did not post to change the views of bulls...that is not possible.

    It's so punters on the sideline do not get sucked into the "sovereign risk is no big deal" narrative.

    Having travelled in Burma and with many Burmese friends (all delightful and very moral Burmese) I know its a very corrupt country and anyone who thinks that the Burmese generals from their Naypyidaw bunker are going to allow Australia punters to cream off superprofits from this mine are kidding themselves. Greed will rule and resource nationalism will rear its ugly head.

    What actually encouraged me to take some risk off the table at MYL was so I could lay the risk back on into a CR for gold junior were the odds were superior, I guess the pros call it "portfolio rebalancing"
 
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