Anyone who got frightened out today or yesterday that bought in on the Co fundamentals should not be investing in this sector of the market.
Traders have a different agenda and I can understand their reasons for selling.
Though if you have researched the Co and understand their value then I see no reason to sell if you take a medium term view onthe subject.
Nothing has changed except the emotion of the market. The resource is still in the ground. In fact we are waiting on finding out how much more is there as are the chinese.
Moly or tungsten prices haven't collapsed overnight, nor are they likely to short term.
If you are prepared to watch your money increase in multiples then expect hard pullbacks sometimes. If not stick to the banks.
Crazy stuff happening here but it happens all the time. Where is the price relative to two weeks ago???
In two weeks time how relative will it be to today?? Some would think 2 weeks is a lifetime!!
From the impatient to the patient does wealth travel.
THR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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