why mmx in particular, page-4

Why so serious?

It seems like everyone has had their throats slit and are all desperatley looking for a band-aid.

The whole resources industry is being pummelled. My honest opinion is that it has been due to a concerted effort by shorters starting last week when most all of the mining industry was in Kalgoorlie and could do nothing about it.

Think rationally, look at the fundamentals. MMX is a producing company with a lot of Iron in the ground. They have encouraging exploration targets and everyone will be comming to us for rail access like they are to FMG. All that means cash flow.

If you liked MMX @ $4.00 like I did you will have a wet dream about it at $2.35 I can't tell you where the bottom will be I suggest around $2.00. My long term (I emphasise long term) target for this share is $8.00 based upon metal in the ground and infrastructe to be built.

My advice is to put it on low heat and let it simmer for a year or 2. If your here for short-term gains...well sorry but your going to lose out.

Look at the fundamentals of Chindia. They still want to put roofs over their heads, they want to drive a car and they want roads to drive them on.

Good luck all