wow!!!, page-11

easiest way to short china is through the aussie fellas

Im staring at some pretty serious losses at the moment - given i only hold resource stocks.

The downtrend has been happening for a while now- not just a week or two all the material plays have performed badly all year.

makes me think that very soon this will turn- China will inject to get things going - watch the scramble back in to resources.

look at all the iron ore players today- all down at least 5 percent- We are lucky with MGX because at these prices even fund managers look at it and think- wow it is trading on less than its book value.

This makes me think that there will be a floor around here - we need to see continuing increases to production- potential Merger activity and ongoing board improvements to see the true value of this quality cashed up business be recognised again.

As i have always said Cash never looses- This will again be the case, Im very sure that MGX will do ok this year. Lets not pull the pin yet !