Share
13,097 Posts.
lightbulb Created with Sketch. 236
clock Created with Sketch.
12/09/16
20:06
Share
Originally posted by Sector Lead
↑
Might be time for some junior goldies over next few weeks Nam. watching closely.
But yes, I noticed GXY was heavily sold down on large volume...and support around 35c gone. Even ORE looks like it wants to test $3.50 or even $3 again.
Actually, the main Lithium list was one of the worst % wise, bar NMT slight green. AJM pulled back hard from recent bounce. Most of the crapolas from April /May just look sick. CUL, KAI, CMY etc
I have been trimming for months, so faired ok today.
Many of my holds/ at least large longs in super have very good cash balances/ balance sheets. Not that that will help in a true rout...but most ok today.
HRR looked good buying at 13c, but may even have to test 12c, trend is broken now at 15.5c imo after bag run off 9c.
You don't want juniors raising if this carries on for rest Sep.
small Zinc hold EMX just announced a 2:7 @3.5c...with recent prices puts ave at 4.5c.
I have only bought 1 MT hold recently, DSB, so been very picky unless have found really good value.
Expand
EMH, KDR, BGS, LPI, PLH. Lithium stocks showing relative strength, with either BO, recent bounce or no supply on at lower levels. The larger lithium stocks look weak, for sure.