JBM jubilee mines nl

Jojo,Yes I think I might hold on and hope that Xstrata isn't the...

  1. 262 Posts.
    Jojo,

    Yes I think I might hold on and hope that Xstrata isn't the only one, you never know whether JBM is playing footsy with someone else under the table! Made the mistake a month ago when I sold my CSM at 407- by the way CSM was great dividend play a couple of years ago. I guess the attitude of a lot of hotcopperites to dividend seekers is "get a life" and I can undestand that. Since one can't get reasonable dividends in today's investing environment, my theme now is miners with good current earnings that analysts think won't continue in the future because of a China bust, subprime, unsustainable high commodity prices, low mine life etc. hence, undervalued to my mind -just show me the dollars now.
 
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