time you guys look at the facts, page-40

Horsetrader1

Re; "...It depends whether you are a believer in the stronger for longer commodities boom or not. I have a huge paper loss, but am not too concerned. This is a bump in the road and commodities will cycle. We have exposure to Gold, Copper, Zinc and Nickel. At any point in time, one will be the flavour of the month.
I am just waiting and biding my time."...

My paper losses aren't huge but I still hate making them mate. I agree with your sentiments & as the PH ann. demonstrates OZL should be one big fat cash cow for those with the patience to hold.

IMHO even the cash we now have in the bank justifies the current SP by itself & the market will eventually have to unwind - otherwise we'll be able to buy $billion assets for a few bucks.

4YIO - NFA