13.01.2009 - "Too early to buy metals and mining stocks" - Numis
From Mineweb.com: Numis Securities says although the mining and metals sector is tempting at sharply lower prices, it's still too early to buy into the sector as key commodity prices hold significant further downside. The company said in a note today current prices and analysts' forecasts of key commodity prices including copper, thermal coal, coking coal and iron ore remain above the majority of cost structures of those commodities, despite the fact that the market is over-supplied..... Full Article: Source
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