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Johnnyknowsbest

481 Posts.

06/02/18

21:42

Post #: 30870328
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Originally posted by Anton Chigurh ↑

If the rot sets-in, it'll be very hard for a spec to maintain positive momentum for more than a few days. Another example, DMI, which I hold and was looking forward to the project acquisition news this morning. Now, 2 months ago, we'd have been gapping up to 20-30c easily and even a few weeks ago, 15-20c imo. Looks pretty decent, as far as specs go with tiny mc but zero interest. Expecting to see a lot of this and I'll be focussing on wherever momentum is (if anywhere) be it gold, or larger capped stocks. Copper and zinc still holding up well. Plenty of time to sit and assess. Of course, we all have the urge to rush out and quickly make back anything we've lost over the last week but probably the worst thing you can do.

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Will be interesting how PNX and VML fair with drilling results due soon then. Will have a look into DMI
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