pdn down 10% last night, page-15

Paladin is a company up 5000% or so since the early-mid 2000s. It digs stuff out of the ground in Africa and sells it at a loss, it has terrible relations with the community and is on very shaky ground with the delightful and high principled individuals in the respective African governments.

As I have said a few times, I'm not all that smart, but to me good companies at a minimum make money and have pricing power. Paladin has neither. Not bad, it just is what it is.

You also mention FMG, a stock STILL up 15400% over the last decade like it's some crime that the share price is where it is today.

As for our children. I'll be showing mine how the commodity game has worked for 100s of years and advise him to either play it for what it's worth as the current crop of mining guys do or get started on the next Cochlear implant.

An lastly, leave the nationalistic and moral posturing out of here. The goal of this game is to make money.