Hedgies having a punt certainly helped metal prices escalate to unsustainable levels.
I'm not sure where the truth behind the supply/demand chain lies though.
As for valuations of most mining companies, I can't see them attaining past prices as the 'punting' money simply isn't there anymore.
It will be a hard lesson for most to come to terms with.
- Forums
- ASX - General
- interesting info on mining supercycle
interesting info on mining supercycle, page-5
-
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
SPONSORED BY The Market Online