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Today's quote:

Wednesday, May 6, 2026

The lion has woken up

 

Dale, this one is for Clyde. He may want to join us next time we talk shares

 

You may be looking at BHP’s lofty share price which closed at 56.39 - up $1.67 from yesterday - and wonder, "Did I miss the boat?" I don't think so. There’s still plenty of time left to invest in quality mining companies. BHP is the biggest.

 

 

No, BHP hasn't got back yet to the $59.25 it was at just two months ago on 2 March. Yes, I sold a small lot for a small profit too early today. But there's still plenty left. According to the Lion Clock, we're at 7 o’clock.

 

Today's BHP chart. I sold a small parcel at 10.55 a.m (red dot) for $55.25. Far too early but, as the saying goes, "You can't go broke taking a profit" — but you may be preventing yourself from getting rich.

 

In case you're too short-sighted to read the clock, here's a close-up:

 

From lionselection.com.au

 

In case you were too short-sighted to buy into mining, don't worry! The lion has woken up, but there's still plenty of time left before he roars.

 


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