Aussie JoeRe your comments; "I keep thinking we can't go lower...

Aussie Joe

Re your comments;
"I keep thinking we can't go lower in the meantime, but I have a real bad feeling about the current production problems. If Sepon is down and GG is hampered indefinitely - both at the same time - and metals prices are off a bit, and the $AU is extemely strong, and costs a higher (especially now at GG), and PH is just a little late with higher costs, what is the prospect of a profit warning?? It seems reasonable to at least take it into account, because it seems like a real threat with all those circumstances/possibilities on the go. Any thoughts to alay my fears?"

IMHO this a half empty view that is probably sending your BP through the roof & adding to the earnings of those shorting the stock. The nature of mining is that breakdowns / interuptions etc. happen - this is part of the risk of investing in mining companies. Problems can arise from floods, earthquakes, strikes etc. & what matters is mgt response / company fundamentals, diversification, etc.

I also hold AOE & despaired as its SP was smashed down to $2 but its now ~$4 due to its fundamentals & I still hold it because I think it will soon jump again! IMHO OXR & ZFX combined will quickly become a resilient juggernaut becuase of the high quality of assets, management & strong financial position. IMHO its SP will quickly reflect this & now is a great time to be buying - as it was with AOE when it was $2 a few weeks ago!

4YIO - NFA

Lapdog