Hi guys, I am quite new in this field hence looking for some help. I thought Mining companies RIO, ANTOFAGASTA were good one to buy, but recently all of them dropped & I got my money stuck. Any views on further recovery of those share prices in near future! How long should I keep holding. Thanks for your views in advance
Why don't you post on Vedanta site ? Not many will see you here. Vedanta very good =or it was at 500oddp last year - yes how much more up and when. High prices indicate excess demand -like until last year -but do we have excess demand and insufficient supply now. See Vedanta has eased back -how much more?
Yes PAT from Feb. to a few weeks ago,several major mining companies including VED actually doubled.However the last little while this rally has petered away.I read somewhere metals usually tail off a bit in the summer.That might be it.Maybe from the autumn things will revive...
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