are the mining yet, page-16

  1. 9,997 Posts.
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    hungster, i thought the same thing - you never know, if they do i will be picking up plenty around that sort of price. US Fed cut rates by .50 this morning, Dow is now UP 25PTS, although it, the DOW, has just been diagnosed with Bipolar, by Doctor pc40, so anything can happen with 2hrs of trading to go.

    Westpac's chief economist stated that the Miners have been over sold and he expected a rebound. He also stated that China's growth will fall from 11% to 7% - to 8%. He stated that China are still going 100 miles an hour and will do so for many more years. Might be a great time to load up on AGO & FMG. There was another economist who stated these are the best buying conditions seen for many years & in 3yrs time we'll be kicking ourselves for not loading up.

    Once we get over this panic sell - AGO will move forward in LEAPS & BOUNDS and that $5.00+ play IMO will be a moral.
 
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