There is a large untapped market for MHM. China Is the worlds largest producer of Al, so it along with other producers presents a huge opportunity. So to an extent even if the current market is crap and the short term price dives with the rest of the market it's important to base decisions on longer horizons.
The other consideration is the overall Al market, which while not on fire, does have some reasonable growth expected based on RIO's reports.
Predicting how the any share will behave in the short term in this market I think is beyond the capabilities of most.
Link below to info from RIO
http://www.marketwatch.com/story/rio-tinto-upbeat-on-aluminum-cautious-near-term-2011-07-25
Good news soon from MHM may get lost in this market, but I won't be worrying about that too much!
Good luck with your choices
Ken
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