I cannot be said that tomorrow will be ugly..
Given in the last hour radiation levels at the plant that caused the panic today has has fallen 700 times in a dramatic drop, may see some stability return and bargain hunters enter the market tomorrow looking to clean up.
"Radiation levels at the Fukushima Daiichi complex have fallen dramatically to 596.4 microsieverts per hour. That level is almost 700 times less than the levels reported in the morning, after two fresh blasts at the complex
Read more: http://www.news.com.au/world/magnitude-quake-strikes-japan/story-e6frfkyi-1226019903430#ixzz1GeYd2nvv"
A lot of todays drops would have been caused by peoples stop losses kicking at different levels. Creating a self fulfilling bear market for the day.
Nothing FNT does exploration wise is affected by Japan, i.e. we are not looking for uranium. Todays accounts shows financially FNT is still in a strong position for a small but growing explorer.
A positive announcement will provide support for the SP. With the drilling to commence next month people looking for re-enter in single figures are dreaming IMHO.
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Open | High | Low | Value | Volume |
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51 | 58644228 | 0.002 |
19 | 95890000 | 0.001 |
0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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