BCI 5.08% 28.0¢ bci minerals limited

Hi baggins,My opinion is that I sold out way too soon. That...

  1. 1,569 Posts.
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    Hi baggins,

    My opinion is that I sold out way too soon. That aside, I believe that BCI will announce another 30+ cent dividend F/F which may see the SP head towards $6 into the mid year. Couple that with possible positive beneficiation results and who knows where the SP could end up! That's all speculation on my behalf obviously. However the world debt "thing" will rear it's ugly head again at sometime, only I believe it will bite harder second time around. The point of my post was to try and illustrate what may be the catalyst for world debt concerns on the market. I realise you disagree that there's a debt crisis and could well be right in the short to medium term. I've linked the probable IMF wealth tax to what I believe is a real world debt problem and the possible civil unrest that it could bring. As mentioned I sold out way too soon so in some respects my own track record isn't the best. It's was just an opinion and shouldn't be seen as anything more or anything less. As mentioned in my prior post, IF we see the return of a bear market, I doubt people will trade purely on company fundamentals but rather protecting their equity and may sell out in anticipation of re-entering BCI at a lower price. And whilst I also respect your post, I'd disagree that, "it's pointless to assume what's going to happen, especially in Europe" I'd agree that they maybe looking at better things this year, but I personally believe that eventually ... maybe not this year ... but eventually will need to make some drastic decisions to get a hold of their debt problems which ARE only getting worse. And the bigger picture also involves the US, but on a much larger scale. The end result may be the return of a bear market.

    Just to end, it's always dangerous when none holders make opinions as they can be linked to down ramping. If that's how it came across than I apologise. That wasn't my intention, just giving an honest opinion.
 
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