yellow, sadly this is the state of HC. you can tell when the traders are in and out by thier sentiment. clearly Wizo is out now, wilson is in (i thought he was going to be a long term holder for a second there, then he changed his mind, sold, bought sold, and then got back in).
If only their arguments were at least accurate.
try this:
FACT: the agri sector is undergoing a re-rating. Food supply is, and will continue to be in deficit to demand.
FACT: we are in a commodities super cycle. People dont want to invest in funny money (paper shuffling), they want to own stuff that "hurts when it drops on your toes".
FACT: China limits its exports as commodity prices rise.
FACT: there is only one other Phosphate miner in the country.
FACT: people on Hot Copper talk so much poo, that if we could collect a heaping pile of it all we could solve the problem of a world shortage in fertiliser.
People, do your own research, If you buy into the sentiments of the prolific rampers / down rampers you deserve to lose your money.
I hold a piddly amount, its what i could afford (i can probably pick up a new car - it didnt hurt to get the free oppies, thats for sure ) ... and, I will be holding till MAK sell the project (that was their business model prior to their recent ann), or go into production (as the new ann would suggest is the new plan)
i have to wonder, with all the massive quantities that people claim to own, i cant imagine there are any MAK holders that dont frequent HC)
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2 | 2102615 | 0.009 |
8 | 844999 | 0.008 |
4 | 1442142 | 0.007 |
9 | 21092328 | 0.006 |
Price($) | Vol. | No. |
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0.011 | 990066 | 3 |
0.012 | 636260 | 5 |
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