Not to worry about FMS plainsailing,
I already own a range of resource stocks and might soon hold umc. My diversification strategy minimises potential damage. Im hoping io and other resource stocks will pick up in sentiment and the sp tide will turn. It eventualy always does.
The real problem currently is for juniors that are cash strapped and may need capital raisings in the next 6 to 12 months. The smart ones did their capital raisings before the bubble burst such as brockman that recently raised some $100mill. Fortunately for FMS big KEV says he has enough cash for at least 12 months. Plainsailing, in case anyone gets agitated over me talking about FMS on this thread its only in response to your reference to FMS in your post .
Cheers
- Forums
- ASX - By Stock
- UMC
- other drill results
other drill results, page-20
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)