as traders it is certainly good to see that there is plenty of people with a good risk appetite at the moment, even in the face of a declining market.
take the ERO announcement this morning, nice catchy headline "EXCITING GOLD ANOMALY IDENTIFIED AT NACKARA ARC PROJECT", but not really that exciting when you read the whole report, and the stock jumps 100+%.
in this trading environment it may payoff to take positions in some of the micro explorers that are expecting upcoming exploration results.
some companies with upcoming news:
PDY - iron ore WA sadwiched betweed MMX and Sinosteel
RBM - high grade copper in N.T
CFR - diamond exploration
PRE - gold
FSE - further coal updates from South Africa
MLS - namibian uranium court case update
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- daytrade diaries... july 9
daytrade diaries... july 9, page-77
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