People may be impatient with ABX but I’ve learnt my lesson well. I was monitoring RAK for quite a while and thought of getting in at 17c. The company has no fundamentals that I would support. But, low and behold, a chip shortage pushes the price up all the way to $1.20 and still holding, not because of anything management has done. I won’t make the same mistake twice - bauxite shortage will cause price to rise, even without fundamentals (based purely on the principles of supply and demand).
ABX Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
