Summary
IT'S a measure of a sector's rude health when one of its analysts complains of 'good news fatigue'. But this was the exact phrase used by Investec mining guru Nick Hatch to explain his more bearish tone of late.
'There may yet be some upward momentum, but we believe that the risks are now firmly on the downside for both commodity prices and mining shares,' he said.See the full content of this document
Extract
Investec Casts Cloud Over Mining Sector ; Market Report
To underline his point, he reined back recommendations for Anglo- Swiss miner Xstrata (sell from hold) and the Aussie giant BHP Billiton (hold from buy).
The pair featured prominently on the F...See the full content of this document
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