NVI 0.00% 1.1¢ nevada iron ltd

sleeping giant, page-6

  1. 4,389 Posts.
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    Averaging down at these prices make sense to me. I think next week will bring in a few large investors as this mine is being prepared for financing and TSX listing. If the markets hold up I'd suggest you will do very well, but if the markets crash, you may be wise to sit on some cash. I do believe we will have a fast run into $0.25, then a steady increase upward until we have ticked all the boxes to start mining.

    What to do, what to do? I personally would buy and hold. My average price is falling and my position is ready and waiting for start-up of production. Iron ore prices should lift next year and I expect a nice jump.

    I'm confident of a solid 12 months ahead. Timing is everything and now I believe is better than ever. Just my humble opinion though.

    Good luck.
 
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