Club Mulgoa

Wednesday, May 01, 2013

Resources decimated

Whether you are producing or exploring, it does not make any difference.  When the market sentiment is negative, it is difficult to arouse the share prices of most resource stocks.  It is also crazy to sell in this kind of market.  But will it go down further?  That is a question that can only be answered AFTER the event.  What I can say is that I am not participating in a lot of capital raising because so far, many can be bought cheaper AFTER the event.

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