what price, page-50

the way I see it, I don't think BHP will fall much further. I would be surprised if it falls below 20, but it's not impossible. It has what the world requires for the wheels to keep turning, such as oil, copper, etc. However, it won't be bouncing back in a great hurry, as most seem to think we'll see sideways action for several years if not more. This is normal. We'll see more bad days, but we'll also see good days where holders will be proud. You've got to look at the big picture. The world is heavily populated, and is still consuming, burning, eating, etc, and it cannot survive without mining's output. We're just seeing a massive adjustment, which has effected all assets from homes to oil to grains and shares. Simply there's less money out there. Where from here? Not up for a long time.