Folks - I thought this viewpoint was worth sharing with you... Are we at the lowest point in the cycle?... if so its a buy opportunity...
...take a look at some other smaller cap miners...many are down even more than ???.. It is not the company, it is the market. Because of unwinding leverage it is completely overshooting on the downside. For those with cash it seems bargain time. Some are saying fear is in the air...I would say it's close to despair when I read a post like yours. "Despair" is the lowest emotional level on the cycle of sentiment, after fear.
So I would say we have to be close to the bottom. I averaged down a bit today and bought some at 20.5cents. I have a further order in to buy at 18.5cents if it gets there. Just my opinions.
Regards
FMS Price at posting:
7.3¢ Sentiment: Hold Disclosure: Held
