MGX 1.56% 32.5¢ mount gibson iron limited

why low price, page-16

  1. 13,907 Posts.
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    Liamrob1. I agree with you on your last post about the reasons for downward SP trend, but ask you 2 questions:

    1 Do you now take a different position to that stated in your post 6428652?

    2 Do you think that we may now be at the start of a bear market that perhaps is a manifestation of a widely-held sentiment of those of us who are entrenched in the slow lane of the economy ( ie non-mining) that things are crook in Oz, economically speaking? The spin and the spiel is that things are good, but I like many think otherwise. The result is that confidence wanes and shares get sold, including high quality mining ones.

    I know this 2nd Q is more of a statement, but I would like to know what you and other posters are thinking anyway.
 
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