The best bet at this low PoN are Miners in C & M. Look at WSA...

The best bet at this low PoN are Miners in C & M. Look at WSA incurred a Net Loss after
Tax of 29.8 Million.
This is from a miner that has a cop stated as A$2.30 to A$2.50/lb = US$1.8/lb.
So its all B.S , at average PoN around 4.00/lb they have a US$3.2/lb margin of profit yet they
made a loss A$30 million. No dividend paid with a sp at 2.69 making a loss. The SP took a battering
down 13.2% today. Makes you wonder, where do you go now? At least MBN is at C & M, it
can stay that way for a long time. We will not have news for months to come which is good.
We watch as this producers sweat it out incurring loses after loses. In the end, some have to
give in and throw the towel. Be patient,as we will be in hibernation for quite a long time.