look, pem has probably been sold down by the hedge funds,...

look, pem has probably been sold down by the hedge funds, shorting it all the way,

now the cbh deal is dead, the weight around pems neck is removed, the copper asset has a chance of reflecting some light on all of pem.

PEM is way undervalued, based on earnings and cash on hand.

now with the trend reversal, hopefully will steady, if shorts close their position, and the uptrend becomes everyones friend.

PEM is one of very few base metals i am currently retaining, as i see within 12m, at lest 100% return from current levels.

cheers