RE: wow...A lot of big quality miners are taking it on the chin. The damage is certainly not complete yet.
I did not count on a slide when I bought back in at $19.92. I also bought some Teck at $46 after their quarterly release. Fortunately, I was not a pig in these purchaes, but there is nowhere to hide in the sector right now. Year end tax selling should provide some opportunities.
Assuming Moly price holds, anything below $17 will be a good buy with projected earnings of $US 2.50/sh in 2008. That would give us a multiple of less than 7. This assumes par for the Cdn buck though.
Larsen6