I have been a share holder since before Prominent Hill. I am an Ex WMC Geologist OD and from my perspective you want money to be put in the ground and not into Chardonnay - Thus I have provided my entitlement plus some - the value is in the company having the money to spend ( shorters and day traders turn off here). I trust management with my money ( this does not mean that they will hit economic Gold or Copper ). I hold other mining stocks - but this decision was an easy one for me, having said that I make my money on Healthcare and only use surplus to speculate. For those who have not kicked or licked rocks - one discovery every 10 years is very good and another prominent hill would see a share price closer to 3 - 5 $. If they had a bhpb budget they would tick the box every 5 years or so - they know their stuff - and Prominent Hill was difficult to find.
- Forums
- ASX - By Stock
- To take up or not
I have been a share holder since before Prominent Hill. I am an...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated