why so cheap, page-2

The old saying the market stay irrational longer than you can stay solvent comes to mind. Even at 10c I thought it was well under valued & I think it will prove to be correct once financing is put to bed & construction starts. Gold stocks are being hammered as have been commodities as people have looked to the wider equity market that has soared so other assets such as commodities & commodity stocks have suffered. In my view this is short term as the very fundamentals of improvement in the US economy, particularly housing market & the billions piling back into Europe will bolster commodity demand from the two largest economies in the world where demand has been at ultra low levels. Good times ahead for commodities in my humble view & it just requires patience to ride the ups & downs of the cycle.