Thursday, May 18, 2006
Mining for a Bargain
Picking up a new name, Boliden. The stock is trading at P/E 6 on this years earnings, thus limited downside from here. Also note Google's strength in yesterday's overall weak market. Crude is showing surprisingly strength here, currently trading at around $68.50/barrel. Seems like it is more a an equity related sell-off so far.
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