BLY boart longyear group ltd
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giddy up !, page-170

  1. stoeger
    763 Posts.
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    13/05/14
    14:14
    Post #: 13358370
    breadwinner1, I couldn't agree more with your comment "One day mining investment will return as commodity prices increase."

    A nice litmus test indicator would be the lack of announcements like "EXPLOSIVES maker Orica says it may not boost its full-year profit, downgrading guidance as big miners continue their cost-cutting drives", appearing in the media.

    With the global oversupply of drilling equipment, the recovery into BLY will be slow and easily picked........if they survive in this shape to see it.

    BLY Price at posting: 23.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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