MX mate,
How long have we been at this mining stuff. I remember when you bought PDN for what was it? 50c a $1 from memory...
I rode it with it ya until $4 or so and then bailed overseas after selling 3 houses for a 200% gain by 2008.
Here we are. 2012. End of the world etc.
OZL looks like the old ZFX at $10 without prospects.
But it's early days in 2012. I count 3 more tenuous market dates before companies can begin to think about acquisition and expansion.
Mar 20 - Full Greek bond redemption deadline
May 18 - Greek debt of 8 billion up for renewal/sale
Aug 20 - Greek debt of 7 billion up for renewal/sale
I can guarantee that OZL management are running the rulers over this that and the other...
But nothing will be announced until these dates have passed.
To do so otherwise, would be premature.
India will grow faster than China the next few years, so I don't see too much downside with gold and we all know copper's disposition.
The U.S. is also firing because it doesn't give a hoot about it's 15 trillion dollar deficit while it's sitting on who knows much of shale energy and Alaskan oil reserves, which they are finally beginning to exploit. Good all round. Bad for the towel heads.
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