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Northern Dynasty Minerals Ltd. Message Board

  • buylowsellhigh80 buylowsellhigh80 May 30, 2012 5:50 AM Flag

    Correlation vs. Causation

    Barebub and Fresno - you add zero value with your comments. How many times are you going to rant about your conjecture about Pebble. Mining sentiment is at a four year low. Look at GDXJ as a proxy.

    An acute shortage of mining equipment and labor has results in significant cost inflation, and the underlying spot prices have traded down 20% - 30% on the short term prospects of a slowing China, Emerging Markets, and Europe. Therefore, commodity always get crushed driven by macro fears. When the macro turns, they lead us out of the soft patch.

    Hedge funds have relentlessly shorted junior mining stocks and the buy side has pulled its bids waiting for a turn in the macro data. This has created a vacuum and hedge funds will keep shorting until a new marginal buyer steps in.

    This create a great buying opportunity for investors who have done their homework and understand the sheer size/ economics of the deposit and that Anglo is funding it (which protects longs us from dilution).

    Go find another message board - you are confusing intelligence and causation with correlation (the sector is deeply out of favor). It is people like you that give YahooFinance message board a bad name - no semblance of analysis, only unsubstantiated opinions.

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