Some thoughts.
I am with Ht on the question of who is best positioned to weather any crisis.
I think external factors are playing on OZl at the moment and my suggested big three are:
1. Copper price has dropped in the past few weeks (also stockpiles increased)
2. US have declared war on US banks
3 The Australian Treasury has declared war on the miners in the form of the Henry review. Read http://www.theaustralian.com.au/business/big-losses-to-miners-if-national-mining-tax-introduced/story-e6frg8zx-1225824136569 and get scared. This is a deliberate leak to gauge the people's opinion.
As always - good luck to all
- Forums
- ASX - By Stock
- OZL
- support at 1.10
support at 1.10, page-5
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)