greenlight sighted, page-5

Agree it's ridiculous...bought some today at $1.28! These short term sell off's are very funny. Quite hard to get your head around why someone would sell based on...sub prime (the devil you know by now), oil prices (Turkey will not invade Iraq), base metal prices (short term liquidation - happens every correction), US recession (recessions happen - it is not the end of the world), err insert doom & gloom here.

What about project size (Kararra NPV 2.25b, Mungada NPV 90m), resource upgrades to come, iron ore prices to increase (as witnessed by BHP trying to take over Rio), blah, blah, blah. Now this is a China/India story which wont be around forever but it wont be stopping in the next 5 years.