what i would like to see, page-4

hi mozart

exactly !

there are a number of companies who should be independent of the market ...due to their large cash position and no debt but with a large resource.eg mak cfe brm ago the list goes on.

the companies that will do the best over the next few years are the private equity firms with no connection to the downramping of the market by the mass media.

MAK today sent letters to shareholders basically saying dont worry .Uggggh that makes me worry.

Brm has enough cash to last for years and will not go under ...the market already knows this as a lot of the broking firms got some of the $2.50 raising...

so why is its sp so low?
The large funds are out of the market, simple .I have a friend who is manager of a large fund and he is totally out of equities !

so the company needs to ignore the markets volatility , not worry and get on with the job of getting ready to mine.

In 3-5 years the long term holders will look back and smile , but if they are paniced into altering plans just because the market is screwed the company may warp into something we dont want.

get over the market ignore it and dig some stuff up to sell when things normalise.