SVY 0.00% 2.6¢ stavely minerals limited

Quadruple whammy, I reckon.1. At a Company level, delays and...

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    Quadruple whammy, I reckon.

    1. At a Company level, delays and uncertainty.

    2. At a sector level, China (say they will) attack commodity price inflation. Commodity prices generally, have taken a hit, although bounced back somewhat recently. Commodity stocks (except Lithium) have been sold off.

    3. At a world financial market level, some concern over a financial markets correction. Seems to be dissipating now.

    4. Some suggest the economic cycle has moved from Commodity investment/growth stocks to blue chip/value stocks.

    Anyway, I accumulated some more SVY this morning. I'm averaging 47.5c now. I'm blessed by profits from other investments to finance it with though. I view it as a long term investment The Stavely Arc looks a very promising area and SVY with first mover advantage has set up well.


 
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