CAY 3.95% 7.3¢ canyon resources limited

WTF Did I Just Witness? Bring It On Wise Owl/Next Investor, page-67

  1. 348 Posts.
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    Could not agree more. I wonder what proportion of buyers of stock in juniors are interested in the long haul to a profitable operating mine, and what proportion want to buy on the dips and sell on the peaks, ie to mine the market. There are hundreds of small "exploration" companies on the ASX but how many of them will ever have an operating mine. Many outfits around like * who must make money somehow from beating up the SP of the dogs.
 
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