Cmon..your recent overview to Auto regarding the Resources industry offered
some valuable insight on how you think the market operates to investors..
To be sure, you perhaps see no difference in investing in the Resource sector than
betting on the horses or "tables' etc..as you feel that it maybe a case of primarily" luck"
as first point of call..with skill last..I am sure any "professional" investor that makes
a living out of their investment endeavours would totally disagree..
Your bias against "high" risk plays clearly comes through..and that is what
makes investing in this sector attractive, for part of the "timing" is
buying when everyone else is negative after using one's "skills" to
ascertain what may have inherent intrinsic value and what does not ..given right existing/potential
investment fundementals..Of course I am not saying you get
it right every time..
Cheers
FPL Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held