For those who cannot read the screendump that I posted in the above message, it shows the SunCorp model value of Linc shares as of 1week ago...$1.07. The .15cent jump in shares today is almost farcical if it were not for the fact that people are 'buying into' the relentless hype that is going on...
I was sent this screendump...my biggest concern is that this run on Linc is a 'pump and dump' and the shares are obviously over priced! Wonder when the 'big boys' who are generating this hype will realize their price and then dump them...leaving those who bought in at the higher price wondering...
Read up a bit on Linc at ASX...looked up extraction cost of oil shale...there may be the oil there at what they suggest. However, the extraction costs are so great it seems like it may just sit there until they can figure out a financially feasible and ecological means to 'go for it'.
I will...
I would not advise anyone under 30yrs to buy a home without firstly having a good income paying job and a good savings! Contrary to belief, "you cannot have it all NOW" and "no one owes you anything"...the two greatest demons sitting on the shoulders of those laboured by these beliefs created by...
I am afraid that this is EXACTLY the point...Australian "culture" is something REAL and for those who do want to acknowledge it and live within it are deeply offended by statements denouncing its REALITY and also that which threatens it.
I too came here years ago and raised my kids as PROUD...
Thanks Joe, I was not sure exactly how to title my query.
Too true, TinHat...it is an unfortunate quality within mankind to instill fear to potentially motivate ppl into a biased direction. That is why I started here to seek out other independent investors for their advice/opinions. I...
Daily Reckoning Australia - Port Phillip Publishing; Diggers and Drillers; Canavan?
Ok, I started reading around to look at further investment possibilities and these guys come up. I get the Daily Reckoning news letter and then all these videos and 'spins' on how to make money if you invest...
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