The Brains Trust-2022, page-6

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64eheh

8,586 Posts.

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03/01/22

12:21

Post #: 58612729
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Originally posted by snout: ↑

@64eheh ....interesting commentary about GDP per capita in China/India.

You have been banging on about MLX for some time now. That has been bloody good hold. Did I act on your overt enthusiasm...no! Well done.
I had little reluctance to engage when Peter Cook was involved, he just seemed to lack focus; but I did not pay enough attention once he parted ways with MLX. Just hard to jump on when it has run so well. It's back on the list and when we get one of those inevitable wash outs...I will re-assess.

Further to how long do you hold a stock following a major discovery.... here is the chart anatomy of Sandfire's DeGrussa copper discovery.

View attachment 3949040

Meanwhile the industrial/electric/battery metals look to be on the up.
Gold sector still looking promising, but need to see the follow through. The stocks still looking considerably undervalued in historic terms compared to the metal.

View attachment 3949049

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Copper and gold really getting a move on now @snout

Can't help but think that the news on Corbevax...........the cheapest, most efficient Covid vaccine for the whole world....has stoked a bit of confidence....

The commodity story is now starting to get really interesting.

Said it before, will say it again.........I just don't think the media, the politicians,the economists get it........3,000,000,000 people want to live like us.

Also, as an interesting observation, whilst reading the book noted above...The World for Sale.....you will read, time and time again, how someone has gone out, to take on risk, against the then current prevailing wisdom. Predicting the future is very, very hard. By studying the past, it becomes crystal clear just how difficult it is to predict the future.

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XSO Value at posting: 3,529.4
6 Upvote

0 Great analysis

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