re: to datrat i agree jhamman
I never said it was over but I do think its time to move to diversified mining companies that will be increasing their production over the next couple of years and away from one mine/one metal companies. The easy gains are gone but metal prices will stay higher and a lot longer than the most analysts will predict. So far they have underestimated their earnings using underestimated metals prices and so their track record is not so good thus far. I predict that this leveraged correction will be over in about 2 weeks time and then the commodities boom will continue with the ASX back in uptrend.
OXR Price at posting:
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