OZL 0.00% $26.44 oz minerals limited

'major concern' at 10% share slump- md, page-36

  1. asf
    9,887 Posts.
    warner, these big pumps prior to results are probably worth playing on (buy before results are out- sell just beforethey come). FXJ had one, too, and now its share price has slumped like crazy. I resent those pumps (although I hold neither OZL nor FXJ) because they just disguise the true extent of market decline post-results. The "real" 10% drop is at about $6.60 from $7.30 (sans pump). Then the MD of OZL will start to worry.

    Speaking of sell-off, I know it is a red day, so some selling is expected, but the OZL results were really not too bad. Unless the mining boom really is over, this selling surely will be overdone soon.
 
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