Personally, I do not think anything is going to help at the moment.
All the black swans are lining up now when what we need are all the little black ducks to line up.
The 1,275 point drop in the DOW last night is an ominous sign for the market coming into November - the notorious bad month of the year.
This just emphasizes the need to keep our powder dry and not deplete our cash to zero by wildcatting, even though we are all desperate for good news.
None will benefit from what is in the ground if the company becomes insolvent and folds.
The minerals have been there for millions of years and us holding on for a while longer does not mean they will go off like a prawn in the sun.
CASH IS KING and joint partners are our friends.
As another long termer, nobody is feeling the pain more than me.
Lockitt
ICG Price at posting:
4.3¢ Sentiment: None Disclosure: Held
