Reminds me of earlier this year when the sky was falling and oil was going to $20/bbl. Now its the mining industry's turn.
My belief is that fundamentally, its outstanding value at these levels. But I'm trading on technical's now. My average is $1 on a small position, still waiting for total capitulation to add more, or in the absence of complete panic, some sideways consolidation.
Reminds me of earlier this year when the sky was falling and oil...
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