time to buy , page-5

@cogs

The number of speccies coming off their seasonal lows is quite remarkable at the moment. Seeing gains of 20-50% in one day for quite a few recently. Chances are though that many of these will slide down again over the next weeks and months. I like IDC as a punt because management has probably learnt useful lessons from the Porgera experience and my TA is suggesting slow but steady accumulation. My view is if they continue to have more of those high grade hits they will be re-rated upwards for the longer term. Just have to sit tight in the meantime.