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Countryboy

  • Countryboy replied to the topic Investment in Mining Towns in the forum General Property 19 years, 12 months ago

    Its all about managing your risk. Mining towns are high risk, in that those towns rely on the price of coal staying high. Thats not to say things wont stay good but you must be aware of commodity cycles and resources are renowned for their large highs and lows. If you already have some of these type of properties maybe you should diversify.

Countryboy

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