I just plotted twenty random companies over the resources sector and nearly all of them from BHP and Rio to minows like Linc and Arrow all have a similar plots regardless of price or volume all slide on a trend line at 45 degrees loosing 50% of their value since the December bust, the question remains just when will there be a recovery of the sector that has supported the main states economies? The result will be State Governments in a tail spin with lost revenues already promised to projects. Then what?
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Iggy Tan, Executive Chairman
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