Is the current price range representing the "capitulation" price which occurs when the punters seem more or less to give up. Unload. Nothing good here for quite a while. Tin has dropped in the last month from US$21500 to the Us$19,000's. It a downtick on medium to long trend that must go up. But punters tend to have a strong focus on the short term. Renison however will keep the ship afloat and moving forward with this new processing gear.
I'm very gloomy too. But should I sell out at what must be on the chart a bottom? Nearly did a week or two ago. If this thing was just "Nifty" I would be out immediately. Nifty is a bit of a dud card right now. But the others are pretty good. Will Wingellina, upon which the market seems to place no value, be the goose that lays the golden egg? How many miners have an asset like that sitting on the shelf?
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---|---|---|
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2 | 116923 | 0.390 |
3 | 308000 | 0.380 |
8 | 474465 | 0.375 |
8 | 714407 | 0.370 |
Price($) | Vol. | No. |
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