I to hope that this is the bottom, unfortunatly metal price will dictate this, the plus for PEM is that they do have good hedging programs in place.I now regard this as a buying opportunity even though we dont know what the outcome of the super tax will be,i personally believe that if this tax ever gets in it will be watered down considerably,and if the Liberal party wins the next election it wont be an issue as they will scrap it.My opnion only DYOR
PEM Price at posting:
41.6¢ Sentiment: Buy Disclosure: Held