I think that most of us on this board are the converted- we know that NCU has a great situation and that we will be rewarded for our beliefs. That is why I had no trouble in adding 50,000 shares when the stock was under $2.
Many investors simply run with the crowds- but by doing so they miss great opportunities - as they dont have confidence in their own analysis( or they dont do any analysis)
The issue in my mind with mining stocks is to really understand all that you can about the stock; the 3 key things;
- the property
- the money- do they have enough to operate.
My other mining stocks include HBM, IDI, BHP, TCM and yes- yesterday was a good day on the markets.
Hold on for the ride