In all fairness its not only BTR falling, the entire sector is plummeting just look at RIO and BHP. If the whole commodities sector wasnt plummeting and BTR was then I would be more concerned...
I will be looking at key levels on BTR chart such as 2011 lows of 37.5c if that breaks I will then be looking at 2009 lows of 26.5c, and worst case scenario would be 2008 lows I dont wanna give a price there because it will scare everyone.
So we have commodity prices plunging and costs going up for many mines world wide. Its not a good outcome.
DYOR
Risk management is the only thing that will save people in this environment.
BTR Price at posting:
43.0¢ Sentiment: None Disclosure: Not Held
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