Junior resource stocks will do it tough. I like nickel long term though and Im happy to own a bit of oil and gas. I was chatting on Skype to a buddy who works for a leading broker and he said another institutional broker is coming out with a sell on AGM this week. Those instos who were selling at 70-80 werent so silly after all were they dwecke? That new sell recommendation will not help the price one bit. I am also starting to smell a rat about how advanced they are with their recruiting of staff. All we need now is another delay and a further capital raising later in the year and we will be buying at 35c. They are chewing through the cash arent they?
AGM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held