rabbit,Many resource stocks here on ASX have been doing fine...

rabbit,

Many resource stocks here on ASX have been doing fine lately and are up some 20% off Jan lows, NAV and smaller juniors excepted!!!!! So there is a good buffer on the producing resource stocks there depending on how severe this bear leg is. Look at MAK as an example of how even in a falling bear market, a great re-rating story driven by fundamental changes can make you do extremely well on the long side. NAV - I will look to buy if it drops to silly prices such as 50-54c.