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Shares / Re: BHP Billiton
« on: April 25, 2013, 01:52:17 pm »
I too think BIL will recover but over time - have been buying these shares for last two weeks now - on the dips. Once the Hillside and other smelter issues are resolved their price should improve. If memory serves me correctly the RSA component of their business is less than 20% so if they close the smelters it will not harm them overly. I see the high for this share was just over R 309 so the price has pulled back considerably. I will continue to purchase on dips - after all it reduces my averaged pricing