thanks pak...
it's always hard to give a fair value for mining companies given to the complexity of between cost of operation and administrative expenses against commodity prices...
anyway, have a safe trading....
cheers
Marjan Syah <[EMAIL PROTECTED]> wrote:
Marjan Syah <[EMAIL PROTECTED]> wrote:
Agree with you Mr. Fred..I heard that there is a problem of sampling method of the mineral reserve. Some reserve has been downgraded from proven to probable when the authorities audit the mineral reserve report of some mining companies in Indonesia. Added with problems of plants shutdown it will hurt the expected value of the some mining companies. However the high mineral prices has hidden the real problem.Regards,Marjan
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