The entire resources/energy market is being sold off on no...

The entire resources/energy market is being sold off on no (specific) bad news, so it doesn't even faze me any more.

Simple fact is any speculative valuation in any res/energy stock is being pared away to bones. Even oilers like BPT and SXY which are producing in excess of a million barrels a year are having their blue-sky components wiped.

So a company like CTP which doesn't have ANY current production doesn't really stand a chance.

It's sad to see all these juniors I held that were just starting to find their feet, after many years of speccie status, getting so hammered, but there's nothing to be done except make a decision to hold on or sell. I'm just so glad I diversified out of resources into other sectors over the last 12-18 months. A very unnatural decision for a geo to make!