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Oil and mining shares     

shutup - 25 Jul 2006 22:46

Hi, are there any other active traders in the above areas that would like to join an MSN chat group. Maybe, you have one already? Basically, the purposes of this group would be to share any information relating to these sectors. Be it ideas on good stock picks. I think with the use of windows live messenger (as it is real time rather than bulletin board) all traders that participate in the group can benefit enormously. If you are interested, please mail me @ karljmurphy@gmail.com

HARRYCAT - 16 Mar 2017 15:19 - 17 of 18

I think most of them have seen a dip, but from what I can understand, the brokers have never recommended the miners as a 'safe' investment over the last year, yet their sp's have rocketed, partly it seems from the strong $, unexpected demand in China and the miners themselves reporting better profitability having become far more efficient. On CNBC yesterday they commented that miners have done well, contrary to the predictions of 'experts', so very good luck to those that took on the risk. They think the dip is down to mainly profit taking and a response to a weaker $. Copper seems to be the 'hot commodity' at the moment, so maybe that's an area still set to benefit.

Stan - 17 Mar 2017 13:36 - 18 of 18

Thanks Harry, I've been out of miners for ages so obviously missed all the fun, I must start to take more interest in Vedanta as they were one of my favourites.
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