I agree.
Only reason I haven't doubled/tripled down, waiting if there is a CR to buy in then.
I am not too concerned with the industry holding back - I have seen this before, it bounces back, and you always have the media/speculators who can't see beyond 1 quarter let alone 1 year.
From my analysis after talking to customers/suppliers/competitors etc., china/canada/south america, mines, DET CRC, financials, economics, BLY business model etc. I understand that this is a great business. Having Richard as CEO is a huge plus.
Yes Australia mining is down but it is not the case in select areas of Latin America, Canada etc. Again, BLY is not an Australian company. It is American. There is a huge difference there.
This if of course my own research. Please conduct yours.
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