GREY:URPTF - Post by User
Post by
fredviewon Mar 15, 2014 7:36am
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Post# 22327013
Initial Position
Initial PositionAgreed, one incident would stop this market in its tracks. I am willing to take that risk. Will look for a small sp reduction as spot went down again this week. I think the greater risk will not being in this stock. When spot truely starts to move you will see the purchasers start to panic. They have been in a position of strength for quite some time so it will be a period of readjustment. Spot will move up into the 60's, it's just a matter of time. Few more of the miners may need to go bust in the mean time. All good for U in the long run. I do think you will see a pop over six in the very near term.