Markets and Charts

A LOOK AT JIM SINCLAIR’S AFRICAN ADVENTURE STOCK…

By: Clive Maund ( www.clivemaund.com )

Utopia for a speculator is to let other people do years of work preparing something to be profitable, and then to join in right at the moment when the fruits of this long labor are about to be realized, and share in the spoils, and happily, because you can freely buy and sell shares in a stock like this just when you like that is exactly what we can do with it, and an added bonus is that, thanks to the sector bearmarket from 2011, it is now crazy cheap. The final cherry on the cake would be if we learned that Jim Sinclair, whose company this is, had liquidated his personal fortune to save the company from going bankrupt – but perhaps this is asking a little too much.

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