Commodities are being sold off to cover margin funding,to build cash reserves and to switch into financials and industrials. The fundamental under supply of copper, uranium, germanium molybdenum etc remains even if Chinese Indian and other emerging nations growth drops from 10% to 3-5%
PMH is in a friendly and stable jurisdiction 7.1 Billion and growing JORC res of Cu Great targets of Uranium Moly and Germanium
Germanium an essential element in new generation solar technology
Im still predicting a target price above $2.00 by 31.12.09
PMH Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held