Teck and a quiet marketSeems like about 5 stocks get any respect in the micromarket these days. Having backed up the truck so to speak a couple of months ago, I sit patiently. Am I the only one who sees the similarity between Yale/Teck and Entree/Ivanhoe.
Ivanhoe had great results that obviously trended right onto Entree property ...smart guys bought Entree a year ago and waited.
Teck now has property next to Yale that obviously trends right onto Yales Otjimakuru property.
Seems that smart guys will buy Yale now.
I think my patience might be better tested if the market wasnt so dead, but it seems chasing around after 'traders' is a mugs game in this market, and besides I always do better when I buy good fundamentals and wait. ETG was a good example of that, YLL looks like an easy follow up.
Mike!