Well its all happening today. Union Resources are in suspension after doubling today. Makes me think I am to blame...but then I'm sure their are greater forces at work...simply because I'm not always right. Anyway. Some of your may have recognised there is a boom going on, and are now buying Vital Metals (VML.ASX). They are up to 12c now, and are destined to break out this afternoon. No doubt its all the inflation around the world at the moment, combined with low interest rates. Really there are few other places to put your money but commodities.
Anyway, we will keep bringing you the opportunities. I'm running out of good stories, so don't forget to check out my ASX Stag website, since I am just reviewing some of the new listings offered here. You don't need to rely on me though - you can always buy my book - Mining Fundamentals eBook. Surely there must be a few buyers out there after Union Resources rose 120%. Oh well....maybe you are just looking. A bit of buyers fright perhaps. Can understand that. Understand the risk though - the longer you wait the greater the risk you will lose money because you will finally be convinced when the top of the market is reached. By that point I have a habit of buying into the lies and deceit that grips the market. That is when all the good (truthful) stories are fully-valued, and the deceitful mining executives are undervalued (for good reason), and are known to be undervalued in the industry, which does not include you or I, because we have better things to do than hang around Perth bars listening to gossip.
Japan Foreclosed Guide Profiting from the Gold Boom Mining Fundamentals eBook
No comments:
Post a Comment