being thrashed, page-10

If you were to look at the share registry for MNM and CVI you would find that the majority of holders are on this website. IMO - the big players here do work together, and they've sold out, because the dow is tinkering from falling heavily tonight. If it falls convincingly below 12000s then we are headed back to the 11600s, which means the ASX is headed towards the 5000s. The banks are what generate the supply and distribution of money, and if the banks are struggling so will the mining stocks, particularly ones that need capital. Without capital they can't do anything. Plus if demand is falling in 2008 - 09, we may see a slow down in activity, until global markets can get out of this period of stagflation. Unfortunately the speculative stocks will be very volatile, which means money will be passed around very quickly as panic, fear, and greed all collide.