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Re: thewills post# 54

Friday, 06/14/2013 1:36:23 PM

Friday, June 14, 2013 1:36:23 PM

Post# of 742
So much depends on the global economy, and sentiment toward resource sector, it is imo hard to project future moves. However, fact is key Brazil asset is best of class and will be productive and ready when demand picks back up. I got in at pps below current, sold off to recover costs in 2010 at highs and have been content to just wait it out with the remaining (although in hindsight might have been better to liquidate then, work the funds, and get back in with larger stake around here or whenever the sector bottom comes). The shares held up pretty well during much of the slaughter of the sector, comparatively, all the same.
Demand for ferrovanadium, or vanadium, etc. are the drivers, so as long as the company can meet development objectives and cover costs it is just one of those eventually things imo.
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