The only thing going for TTY at the moment is what they have in...

The only thing going for TTY at the moment is what they have in the ground, and that is diminishing with the SP, commodities are coming off big time, copper nickel Iron ore, Chinas growth rate 15 per cent coming down to 8 per cent, China is stockpiling bigtime, this time next year dont be surprised if there is no IO increase but the big three start discounting.

The big producers will survive but the small ones will have to have some reserves in the ground to keep going, and there are so many companys that will never get-up because what has happened in the US.

IMO there is going to be a big selloff of commodities in the market, the worst bear market in history, you have to comprehend what has happend in the US and it will take many years to correct its self.

Look at your portfolio guys and get into the ones that are recession proof.