By far the best diversified miner along with S32 I think in the world. Commodities are cyclical at best, but for China, they will never be able to have enough going forward. They are becoming more frugal and cost conscious on a daily basis. When they contact me to either to find a buyer or a seller, the margins they are offering are becoming ridiculous, never the less we banter and talk all day until we are both happy with an out come and everybody I talk to goes through the same ordeal with them. Always a sign of a good company that is usually well run year after year. They are not idiots. Its a monster. RDD
BHP Price at posting:
$43.09 Sentiment: Buy Disclosure: Held
(20min delay)