EL,
we all have to balance our holdings according to our risk profile, so dont regret any selldown.
You and I know MCR tracks the PON pretty closely, so Im sure theres still plenty of opportunity to buy back in over time or jump into something else like coal or ironore (this qtrs hot favourites)!
Im still convinced LT MCR, will exceed IGO and SMY in sp, but its at least 2 years away from that yet I reckon.
For me its about time in, not timing so with a LT perspective Im just a casual daily commentator, not trader.
Have a good one.
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