Hi Moly!Thanks for asking.In Germany we have carnival.Thursday...

  1. 1,125 Posts.
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    Hi Moly!
    Thanks for asking.
    In Germany we have carnival.
    Thursday night we had a men-only event.
    Friday and Saturday carnival i visited show events with local politicians. From Saturday to Tuesday many events on the streets, people with costumes.
    Just to say, that for some days some other things and events should be more important than THR, whereas we all
    invested a lot of money.
    The last days I read hotcopper, but preferred to read
    and enjoy user Prospektor´s fine analysis.
    Prospektor does a very good job in analyzing THR´s
    assets , Capex etc. . My focus and strenght is basic research about metals, markets, political and economical
    situation and finding news about THR.

    In Germany we had some drama on the share markets.
    Salzgitter (steel) dropped from 100 Euros to 80 Euros and is now 111.
    Thyssen (steel) fell to nearly 30 and is now again at around 34.
    etc etc
    Thus I was to be honest also scared about the share markets and was everywhere deep in minus.
    I did some heavy daytrading and some shares are now 10% in plus instead of 20& in minus. But as always, because of the
    daytrading I did not get all the profit.
    Some German shares rise up to 15% during one day, but You don´t know it before. Very volatile.

    Lufthansa still down, EADS, Lanxess (former part of Bayer) also.

    BUT: MTU (jet engines) and Rheinmetall (automotive, weapons) higher again, but far from the heights , Rheinmetall was some time ago at 70 Euros, dropped to 42 and is now around 48.

    This explains very fine, why metal traders are careful at the moment.

    Most of resources stocks fell.
    See Erongo Energy, ca. 10 Eurocents instead of 70 .
    See Commerce Resources, Arafura, Largo Resources, Crowflight, Firestone Ventures AND THR.
    The above mentionned shares are very wellknown in Germany.

    Thus THR was in the trend and the low share price shows the general trend and is nothing which is a special THR
    situation. If the trend stops, which is fact in the moment, ALL resources stocks share prices MUST turn into plus, since the industry produces as much as never before.
 
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