cro.v - don't forget the Arrow, seems to be waking up ... i had some offers on bmc.v taken out yesterday morning, spent the money on cro.v and mmg mostly ... sold a third of my wife's bmc and bought her cro.v ... still have lots of Brilliant, but was getting overweight as i'd averaged down bigtime in the .60s, and had the 1.30ish level pegged for a possible interim top
Maybe the last little run in bmc was due to that drill hole, like you say, well if that's the case Ms Market was missing the story for a long time, because they've pulled similar holes before, and it's pretty clear they'll pull lots more like it ... the hedges have been an issue, well here we are at month-end, now it's less than half a year until they're getting full market price, tick tock ... plus they're doubling production before too long, big cash flow growth coming, part of that they'll spend on checking out the Big Fold theory, and if/when it bears out, hoo-hah
That said, i think the first double of the pack, from current levels, will be here - stockcharts.com
... my plan is to ride the Arrow to maybe .75ish [hard to say exactly], and look to topping up the fni.to ... wondering though if nickel might sell off some once this strike is settled, hmmm ... we still don't know enough about near-term production influences, imho ... we have far more of a grip on the zinc situation ... speaking of which, i finally sold that bit of lbe.v, that was where the cash for mmg came from |
