GREY:AUAYF - Post by User
Post by
LuvMyGoldon Sep 02, 2006 3:03pm
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Post# 11310993
As a relative novice in moly plays......
As a relative novice in moly plays......I've enjoyed reading the informative posts here and on the ROK & BLE boards. The solution seems so simple to me. Instead of arguing which is the best buy, compromise, determine the amount of money you want to put into moly plays, then divide it up between a short term, low risk outfit like ROK for a probable multiple of 2-3 times within 12-24 months, and buy some AUA for a higher risk, potentially higher reward(perhaps as much as five times) - play 2 years or a bit more out. All jmvho naturally. The ratio I use personally is 2:1 in dollar terms, in favour of ROK, as I believe the old saying that a bird in the hand is worth two in the bush!!!! My thoughts are that moly prices look strong for the next year or so, but after that, who knows, given its volatile history. But that's just me, the above is not investment advice, just some common sense thoughts for those wondering which is best to invest in. Be sure to do your own DD and make your decisions based on your research and not on what others say on these boards.
GLTA moly investors.