what floor price?, page-29

  1. JID
    3,679 Posts.
    lightbulb Created with Sketch. 839
    I note TRY is also down materially. Regardless of whether this possible/ probable default news has been around for a week or more it often takes time for a market reaction and then it is quick.

    I don't this this fall has anything to do with ORE's operations.

    Legume, whilst the default itself isn't directly related to ORE (or TRY for that matter) the issue becomes fear over what comes next?

    Currency tanking? Capital controls on money leaving Argentina? nationalization of foreign company assets?

    Not down ramping. Just stating the obvious.

    I like ORE (and TRY) but have not invested due to country risk.

    This is becoming more and more evident around the world. Just three days ago it was reported that Centamin had their mining license revoking in Egypt, and Centamin was a 660m Sterling company.

    (Yeah, yeah what has that got to do with Argentina I hear you say - simply for a wary investor 'if it happened there it could happen here').

    Cheers
    John
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.