PEX 4.76% 11.0¢ peel mining limited

Valin, Very happy closed out shorts. Who is laughing now? BHP,...

  1. 2,892 Posts.
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    Valin,

    Very happy closed out shorts. Who is laughing now?

    BHP, FMG, WSA, STO, PAN & MCR are not dead cats. FMG as I said before can and should survive this iron ore downturn. WSA is quality. STO has some debt problem needs to address. PAN & MCR did the right thing by stop bleeding money stop mining. As I posted before, they should merge and look for other commodities while waiting for nickel to recover (may be a few years away).
 
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