af shootout, page-16

I have been watching SRK for a few months and finally decided to get a few today. This market is really punishing some stocks and SRK is definately one of them. I wish I knew more about Peru but I unfortunately its new territory for me.

I figured that most I/O stocks have been hammered so what better time to buy an I/O explorer. looks like we already have a large resource with much more potential? Whether it will be a low or high cost producer remains to be seen I suppose? I am bullish I/O,copper,coal long term so this may be a great opportunity as it seems like the cash backing is far more than the current MC. This is a LT buy for me.

I have more research to do but worth a punt IMO. I also like it that we have a coal asset/tenement in Indo.

Would be nice if the directors did some buying at this level...Oh well, time will tell