At the risk of beating a dead horse, I fail to see an actual connection between undervalued mining developer stocks in Australia, and historically crazy valuations on US stocks pumped to the moon over there due to a number of social and economic factors. It's all psychological, and basic herd behavior, and nothing about , value of project economics and med term revenue projecitons. Does my head in.
I only wish the housing prices would act in a similar way and go down sometimes...
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