IRN indophil resources nl

Interesting price action currently, obviously a few sellers...

  1. 1,811 Posts.
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    Interesting price action currently, obviously a few sellers around still.

    I've bought a few the last few days, think they're again good value. When price action concerns me, I look back on my contract notes when the sellers were giving these to me for 26c and I could have as many as I wanted. I think this is one of those times again, so I'll keep soaking up the stock.

    No logical reason for this, copper price continues to look bullish, gold price is strengthening, China showing they are hungry for copper especially and after big resources, still some work to do on Tampakans moly content, mine size though to be in multiples of current resource. Major finds of this size and richness are extremely thin on (or in)the ground.

    All good here, anything else (in the words of China) is "just noise".

    Still buying with both hands.
 
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