I do not think it hurts to think about where investment is heading in this country.The big miners are subject to such scrutiny that the downside is real..The fact that China could do a deal TOMORROW with Putin to develop a reported 1bill.tons of ore in Siberia has totally escaped the market..THEY ARE PLAYING US FOR FOOLS..
How attractive are our biggest miners going to become.. E.G FMG loaded up with debt[probably by Chinese]then Chinese structure a down turn in Ore prices then launch a takeover to satisfy quick exit by Bankers thinking the "boom is over"...Think about it..!!
GGX Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held