remember that middlemas companies were the best performers across the sector when the resource market turned. srm has a classic high grade deposit trading at a silly discount. if everyone is all doing the same thing (like being short resources) do the opposite and make some real money. I can just see a turn in resources in the new year. That is 2 deals in one day in a dead coal sector? RIO has made it very clear where it thinks copper is going in the future.
SRM Price at posting:
23.0¢ Sentiment: ST Buy Disclosure: Held
