re: p/e 42 +, page-7

re: p/e 42 + pe ratios are over rated you cant compare mmx to bhp or rio lol


the fact is the market dictates the sp doesnt matter what we think the market os the big kahuna

atm its saying mmx is riding up nicely must be remembered folks mmx were 50 cents in january in less than a year it quadrupled to 2.15 now did the market worry about the pe ratio err no.


mmx is also a growing producer and future rail and port provider you dont wait for coys pe ratio to come down to invest long term lol.

as buffett says you wait for the robyns you may just miss the spring.

read what buffett has to say re pe ratios they mean little to a long term investor.

if the coy does well and grows the sp follows and only the market agrees with how a coy is doing

all the spin hype and hooplah dont matter the only thing that matters is what mr market has to say.

mmx as i said last friday 1.85 sp in 2weeks IMHO

the iron ore sector is gathering strength a very bullish commoditys report was released today by two of the worlds leading fundssee thewest.com.au under buisness article header is commodity bull.