ARU chart, page-10

Lol, cycles in resource sectors are very very long, some times ten to fifteen years, from peak stocks lose 95 to 98 percent easily.
Depends on at what point you buy mate.

Life is depressing for many years for people who buy at the top no doubt.Thats where the LT charts help us to identify the long term bottoms and entry points ( which can still give a 30 percent cut, but we know the stock will go up fantastic over next few years, that is all we want )

Check SA article by Matt Bohlsen on RE Metals scrips, it is a recent article.