re: pe ratios and blue sky - from rosco
Agree ROSCO!
Agree - Agree - Agree!
One tries to post on fundamentals to avoid the "ramp" business. Or to be taken as just too positive.
However my aim is to state the probable - and refer to the possible!
Your post is spot on Rosco.
This is a time that more and more institutions will be moving from mining heavy-weights to emerging miners.
So 80 to 100 cents for AVL by late September is close as one gets to a reasonable assertion.
But with the factors you have inicated --
and factors previously indicated --
and factors not spelt out previously; such as the pattern of markets moving to sectors likely to outperform (mining in this case), from heavy-weights or blue chips to small or emerging mining companies ---to speculative companies - etc
