JBM jubilee mines nl

Hi El,These dips back to the $23 mean nothing imho.But I do...

  1. 9,497 Posts.
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    Hi El,

    These dips back to the $23 mean nothing imho.

    But I do understand your frustration as waiting always is.

    I will stick to my rule and will not sell at least not so early in the game.

    For me nothing has changed except for the price of nickel but also this means nothing, its the long term Nickel price and not the day to day price that counts in a take over like this.

    If the China story is true, then we are looking at a decade or more of high commodity prices. The BHP and Rio take-over are proof that the China story is still very much alive.

    I remeber that the price of WMC went down and LIM went down only to go much higher later on.

    A bit like COE it even went under the latest SPP and nobody wanted to buy more, some probably even sold.

    You can imagine how those shareholders feel now.

    So I am holding out.

    Good luck

    jojo
 
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