The mining industry has a long, proud and dishonorable tradition of brilliantly timing its largest investments with the absolute top of the market. I was getting concerned they’d missed this one.
Contrarily, of course, they may be due to get one right, based on the blind-pigs-and-acorns theory that characterizes my own stock-picking...ahem...talents.
[NB: Short PD. Took a bit of a hammering for a while, but it’s come right]