Missed this24 Nov 2008 20:16
You probably have your answer by now in any case.
ENRC and KAZ and the larger miners need
Positive direction for indices
Positive direction in commodities
Orders to start coming in from capital investment projects worldwide.
The current rally is likely to be temporarily, again like before 10-15% daily falls, followed by 10-30(?!)% daily rises just isn't sustainable. Final year figures across the board for all miners will be down and the outlook for Q1 and 2 will be fairly bleak. As mentioned below ENRC are sitting on a mountain of cash, but their SP was dragged into the gutter by the doom and gloom. They can't do anything by themselves short of annoucing some tieups.