miners like this become the new targets..

enormous resources companies that have been oversold, will now become the focus of BHP imo. Its not wishful thinking. I have been hoping the silly bid for RIO would end allowing for better use of their cash position. BHP can now trawl the market looking for oversold resource companies. There is an article in todays fin review suggesting just that. Soros going long coal companies at 5 year lows is also telling us something.Talbot keeps soaking up cheap stock while he can, so lets see what happens. dyor.