Couldn't agree more, the 2 questions I keep asking myself are...

Couldn't agree more, the 2 questions I keep asking myself are 1)will I be able to buy twice as many shares for the same $ investment next month ( further irrationality based on China, Europe etc) and 2) at what level will some Asian steel works / coal trader say bugger it, we can buy that and park the resource until we need it or conditions improve.
Arguably everything is getting smashed and the big boys and funds looking for resource exposure are probably just buying BHP - getting a spread of exposure including Met Coal - hence little appetite for CLR.