The way the miners have talked down their shares because of the proposed new tax, would anyone be surprised to learn that some mining companies are probably buying up shares in their own companies, while they are cheap. Thanks very much!
Is the tax so bad that everyone is bailing out of the industry, I don't think so.
We will find out in the near future that they have forced through changes that will help them. No they will not admit that the end game is exactly what the government planned all along.
The miners win, as they will portray it, will lift the shares once again and guess who wins, these same companies again.
If you feel that in all this you have been manipulated you are right. JOIN THE CLUB
China's already here, its to late to whinge. We have to get over it! There could be benefits if we think differently.
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