Collapsing commodity prices don't help, does the world really need another mine which will have a high capex.
Nevertheless I didn't pick SVY as a pump and dump. The chart doesn't suggest a bottom which makes it hard to buy in.
I see a bounce soon but the SP is in a medium term downturn. High risk puts investors off now. If i did hold i wouldn't sell at this point. It is too late. The long term future over 5 years should be good,
Collapsing commodity prices don't help, does the world really...
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